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eBook Calculate a) cost of goods sold, b) ending inventory, and c) gross margin for A76 Company, considering the following transactions under three different cost
eBook Calculate a) cost of goods sold, b) ending inventory, and c) gross margin for A76 Company, considering the following transactions under three different cost allocation methods and using perpetual inventory updating. Provide calculations for weighted average (AVG). Round "Unit Cost" answers to 2 decimal places and other answers to the nearest dollar amount. Number of Units Unit Cost Sales Beginning Inventory 260 $100 Sold 160 $140 Purchased 500 103 Sold 400 142 Purchased 420 110 Sold 370 174 Ending Inventory 250 AVG (perpetual) Inventory Cost of Goods Purchased Cost of Goods Sold Cost of Inventory Remaining #units Unit Cost Total Cost #units Unit Cost Total Cost #units Unit Cost Beginning 260 100 Sale 160 110 x 17,600 x 100 100 Purchase 500 103 51,500 600 110 x [ ( [ Sale 400 142 X 45,000 X 200 100 Purchase 420 110 46,200 620 110 X Check My Work Previous ebook cost of goods sold, b) ending inventory, and c) gross margin for A76 Company, considering the following transactions under three different cost allocation methods and tual inventory updating. Provide calculations for weighted average (AVG). Round "Unit Cost" answers to 2 decimal places and other answers to the nearest unt. Number of Units Unit Cost Sales nventory 260 $100 160 $140 500 103 400 142 420 110 370 174 sory 250
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