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Hopkins Company reported the following information related to inventory and sales: Units Unit Cost Beginning inventory 1,800 $20 Purchase Number 1 7,800 22 Purchase Number

Hopkins Company reported the following information related to inventory and sales:

Units Unit Cost
Beginning inventory 1,800 $20
Purchase Number 1 7,800 22
Purchase Number 2 2,800 23

Sales9,600 units at $35 per unit.

Required:

Compute the Average cost, FIFO, and LIFO of sales revenue, cost of goods sold, gross profit, balance sheet inventory

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