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homework help please Jonah Copy Center sells laser printers and supplies. Assume Jonah Copy Center started the year with 100 containers of ink (average cost

homework help please

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Jonah Copy Center sells laser printers and supplies. Assume Jonah Copy Center started the year with 100 containers of ink (average cost of $9.20 each, FIFO cost of $8.60 each, LIFO cost of $7.90 each). During the year, Jonah Copy Center purchased 600 containers of ink at $9.90 and sold 570 units for $20.00 each. Jonah Copy Center paid operating expenses throughout the year, a total of $4,050. Ignore income taxes for this exercise, Prepare Jonah Copy Centers income statement for the current year ended December 31 under the average, FIFO, and LIFO inventory costing methods. Include a complete statement heading. Complete the income statement by selecting the appropriate heading and income statement labels, and then calculating the amounts for each of the three required inventory methods. (Calculate unit costs to the nearest cent. Round all other calculations to the nearest whole dollar.) Jonah Copy Center sells laser printers and supplies. Assume Jonah Copy Center started the year with 100 containers of ink (average cost of $9.20 each, FIFO cost of $8.60 each, LIFO cost of $7.90 each). During the year, Jonah Copy Center purchased 600 containers of ink at $930 and sold 570 units for $20.00 each. Jonah Copy Center paid operating expenses throughout the year, a total of $4,050. Ignore income taxes for this exercise. Prepare Jonah Copy Centers income statement for the current year ended December 31 under the average, FIFO, and LIFO inventory costing methods Include a complete statement heading. Complete the income statement by selecting the appropriate heading and income statement labels, and then calculating the amounts for each of the three required inventory methods. (Calculate unit costs to the nearest cent. Round all other calculations to the nearest whole dollar.) Jonah Copy Center ' Adjusted Trial Balance Balance Sheet Income Statement Statement of Cash Flows Statement of Stockholders' Equity Month Ended December 31 Year Ended December 31

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