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For each of the following cost flow assumptions, calculate cost of goods sold, ending inventory, and gross profit. (1) LIFO. (2) FIF (3) Moving-average cost.
For each of the following cost flow assumptions, calculate cost of goods sold, ending inventory, and gross profit. (1) LIFO. (2) FIF (3) Moving-average cost. (Round average-cost per unit to 3 decimal places, e.g. 12.502 and final answer to O decimal places, e.g. 1,250 Cost of goods sold $ Ending inventory $ Gross profit $ EA eTextbook and Media Save for Later LIFO $ A S FIFO Moving-average $ EA $ $ Attempts: 0 of 5 used Submit Answ For each of the following cost flow assumptions, calculate cost of goods sold, ending inventory, and gross profit. (1) LIFO. (2) FIF (3) Moving-average cost. (Round average-cost per unit to 3 decimal places, e.g. 12.502 and final answer to O decimal places, e.g. 1,250 Cost of goods sold $ Ending inventory $ Gross profit $ EA eTextbook and Media Save for Later LIFO $ A S FIFO Moving-average $ EA $ $ Attempts: 0 of 5 used Submit Answ For each of the following cost flow assumptions, calculate cost of goods sold, ending inventory, and gross profit. (1) LIFO. (2) FIF (3) Moving-average cost. (Round average-cost per unit to 3 decimal places, e.g. 12.502 and final answer to O decimal places, e.g. 1,250 Cost of goods sold $ Ending inventory $ Gross profit $ EA eTextbook and Media Save for Later LIFO $ A S FIFO Moving-average $ EA $ $ Attempts: 0 of 5 used Submit Answ
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