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Exercise 6-07 al-a2 Bridgeport Corp. uses a periodic Inventory system and reports the following for the month of June. Unit Cost Date June 1 12
Exercise 6-07 al-a2 Bridgeport Corp. uses a periodic Inventory system and reports the following for the month of June. Unit Cost Date June 1 12 Units 120 Explanation Inventory Purchases Purchases Inventory 350 Total Cost $ 600 2,100 1,680 240 250 Calculate weighted average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted average unit cost LINK TO TEXT LINK TO VIDEO Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost. (Round answers to o decimal places, e.o. 125 FIFO LIFO Average-cost The cost of the ending inventory s The cost of goods sold
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