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Gary's Televisions produces television sets in three categories: portable, midsize, and flat-screen. On January 1, 2020, Gary adopted dollar-value LIFO and decided to use a

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Gary's Televisions produces television sets in three categories: portable, midsize, and flat-screen. On January 1, 2020, Gary adopted dollar-value LIFO and decided to use a single inventory pool. The company's January 1 inventory consists of: During 2020, the company had the following purchases and sales. (a1) Calculate price index, (Round price index to 4 decimal places, es. 1.4562.) Price index eTextbook and Media (a2) Your arswer is incocrect. Compute ending inventory, Cost of goods sold, and gross profit. (Round answers to 0 decimal places. Es. 6.548 . Assume the company uses three inventory pools instead of one. Compute ending inventory, cost of goods sold, and gross profit. (Round price index to 2 decimal places, eg. 1.45 and final answers to 0 decimal places, eg. 6,548.)

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