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help Question 5 of 31 View Policies Current Attempt in Progress Financial information is presented below: Operating expenses $ 39000 Sales revenue 184000 Cost of
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Question 5 of 31 View Policies Current Attempt in Progress Financial information is presented below: Operating expenses $ 39000 Sales revenue 184000 Cost of goods sold 139000 Gross profit would be $ 6000. $ 39000 $ 45000. $ 145000. Question 11 of 31 -/2.5 View Policies Current Attempt in Progress Swifty Corporation just began business and made the following four inventory purchases in June: June 1 123 units $738 June 10 164 units 1148 June 15 164 units 1312 June 28 123 units 1107 $4305 A physical count of merchandise inventory on June 30 reveals that there are 164 units on hand. Using the FIFO inventory method, the amount allocated to ending inventory for June is $985 $1435 $ 1025 $1476. Question 12 of 31 -/2.5 View Policies Current Attempt in Progress Nash's Trading Post, LLC just began business and made the following four inventory purchases in June: June 1 120 units $ 720 June 10 160 units 1120 June 15 160 units 800 June 28 120 units 1080 $3720 A physical count of merchandise inventory on June 30 reveals that there are 180 units on hand. Using the average cost method, the amount allocated to the ending inventory on June 30 is $ 900. $1195. $ 1380 $721 Step by Step Solution
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