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I just needed help with part C here. Explanation Show correct answers Required information [The following information applies to the questions displayed below The following

I just needed help with part C here.

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Explanation Show correct answers Required information [The following information applies to the questions displayed below The following information pertains to Mason Company for 2018 rded Beginning inventory Units purchased 90 units 310 units $40 $45 Ending inventory consisted of 30 units. Mason sold 370 units at $90 each. All purchases and sales were made with cash. Operating expenses amounted to $4,10. Required a. Compute the gross margin for Mason Company using the following cost flow assumptions: (1) FIFO, (2) LIFO, and (3) weighted average. (Do not round intermediete calculations. Round your final answers to nearest whole dollar amount.) Weighted Average LIFO FIFO es Gross margin 17,066 16,950 17,100 Show correct answers Required information [The following information applies to the questions displayed below The following information pertains to Mason Company for 2018 Beginning inventory Units purchased 90 units $40 $45 310 units Ending inventory consisted of 30 units. Mason sold 370 units at $90 each. All purchases and sales were made with cash. Operating expenses amounted to $4.100. b. What is the amount of net income using FIFO, LIFO, and weighted average? (Ignore income tax considerations.) (Do not round intermediate calculations. Round your finel answers to nearest whole doller amount.) Weighted Average LIFO FIFO 12,966 Net income 13.000 12,850 Explanation Check my work Required information [The following information applies to the questions displayed below The following information pertains to Mason Company for 2018 Beginning inventory Units purchased $40 $45 90 units 310 units Ending inventory consisted of 30 units. Mason sold 370 units at $90 each. All purchases and sales were made with cash. Operating expenses amounted to $4.100 c. Determine the cash flow from operating activities, using each of the three cost flow assumptions listed in Requirement a. Ignore the effect of income taxes. (Amounts to be deducted should be indicated with a minus sign.) Weighted Average LIFO FIFO Cash flows from operating activities Cash inflow from customers Cash outflow for inventory and expense Net cash flow from operating activities

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