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How do i calculate my Cost of goods sold, ending inventory, and gross profit for Lifo, FiFo, and moving average for this problem Carla Vista
How do i calculate my Cost of goods sold, ending inventory, and gross profit for Lifo, FiFo, and moving average for this problem
Carla Vista Inc, is a retailer operating in Calgary. Alberta. Carts Vista uses the perpetual linventory system Assene that there are no cred t transactioncall amoants are settied in cash. Youare provided with the following informution for Carla Viata for the month of January 2025 Calculate weighted-average unit cost. (Round enswers to 3 decinal ploces es 5.125) For cach of the followine cost flow assumptions, calculate fi) cost of goods sold, la) ending inventory, and (iii) gross proht. (Round answers to 0 decinal ploces, es. 125. (1) LIFO. (2) FIFO. [3] Movingiaverage Step by Step Solution
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