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Dark Company, a car dealer, reported the following March purchases and sales of car batteries. The company uses the perpetual inventory system. Determine the following
Dark Company, a car dealer, reported the following March purchases and sales of car batteries.
The company uses the perpetual inventory system.
Determine the following for the month
of March using, specific identification,
weighted average, and FIFO.
1. Cost of ending inventory
2. Cost of Goods Sold
3. Gross profit
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