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During 2 0 2 3 , Fresh Express Company sold 2 , 5 9 0 units of its product on September 2 0 and 3

During 2023, Fresh Express Company sold 2,590 units of its product on September 20 and 3,450 units on December 22, all at a price of $99 per unit. Incurring operating expenses of $11 per unit sold, it began the year with and made successive purchases of the product as follows:
\table[[January 1 beginning inventory,690,units,@$44,per unit],[\table[[Purchases:],[February 20]],,,,],[May 16,\table[[\table[[1,590],[790]]]],\table[[units],[units]],\table[[@$46]],\table[[per unit],[per unit]]],[December 11,3,390,units,@$51,per unit],[Total,6,460,units,,]]
Required:
Prepare a comparative income statement for the company, showing in adjacent columns the profits earned from the sale of the product, assuming the company uses a periodic inventory costing system and prices its ending inventory on the basis of (a) FIFO and (b) Moving weighted average: (Round "average cost per unit" to 2 decimal places. Do not round intermediate calculations. Round your final answers to 2 decimal places.)
\table[[FRESH EXPRESS COMPANY],[Income Statement Comparing FIFO and],[For Yoving Weighted Average Inventory Costing Methods]]
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