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English (e a) Fill in the missing numbers in the inventory schedule using the first in, first out (FIFO) inventory valuation method for the month.
English (e a) Fill in the missing numbers in the inventory schedule using the first in, first out (FIFO) inventory valuation method for the month. This company uses the perpetual inventory system. Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. For transactions 4 and 5, always put the previously purchased items in the first row and put the newly purchased items in the second row. Inventory Schedule Purchases Sales Balance Transaction Description Quantity Amount Quantity Amount Quantity Amount Opening 0 so Balance $ $ #1 Purchase from CDE CO. 260 $2,860.00 $ $ #2 Sale to QRS CO 100 $1,100.00 $ $ $ #3 Sale to FGH Co. 36 $ $ 5 #4 Purchase from LMN CO $ $ $ #3 $ Sale to FGH Co. $ 36 $ #4 $ Purchase from LMN Co. $ $ $ 116 $1,624.00 $ $ $ #5 Sale to VW Co. 64 $ $ s 41 b) What is the total value of the COGS for the month? COGS = $ c) What is the total value of ending inventory? Ending Inventory = $ Perform a horizontal analysis for Groff Inc. Use 2017 as the base year. Do not enter dollar signs or commas in the input boxes. Round your answers to the nearest whole number. Groff Inc. In Millions of Dollars 2019 2018 2017 Revenue $444 $374 $287 Revenue % of 2017 % % 96 $235 $204 $179 Net Income Net Income % of 2017 %
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