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I just want to check my answers before I turn in my assignment. Use the following data of Seaside Sales, Inc.: Unit Total Units Units

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I just want to check my answers before I turn in my assignment.

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Use the following data of Seaside Sales, Inc.: Unit Total Units Units Cost Cost Sold Beginning inventory 16 $ 6 $ 96 Purchase on Apr 25 40 8 320 Purchase on Nov 16 11 9 99 Sales 50 ? ? Seaside Sales uses a FIFO inventory system. Cost of goods sold for the period is O A. $450. 0 B. $411. 0 C. $368. G) D. $385. Click to select your answer. Use the following data of Tortoise Sales, Inc.: Unit Units Cost Beginning inventory 14 $ 6 Purchase on Apr 25 30 7 Purchase on Nov 16 18 9 Sales 40 ? Tortoise Sales' average cost of ending inventory is Q) A. $190. 0 B. $360. 0 0. $162. 0 D. $140. Click to select your answer. Total Cost 210 162 Units Sold Use the following data of Bluesh Sales, Inc.: Unit Total Units Units Cost Cost Sold Beginning inventory 18 $ 6 $ 108 Purchase on Apr 25 33 8 264 Purchase on Nov 16 13 10 130 Sales 40 ? ? Bluesh Sales' LIFO cost of ending inventory would be 0 A. $156. 0 B. $218. (Q C. $188. 0 D. $400. Click to select your answer. Iron Company had a $28,000 beginning inventory and a $29,000 ending inventory. Net sales were $171,000; purchases, $90,000; purchase returns and allowances, $2,000; and freight in, $9,000. Cost of goods sold for the period is $96,000. What is Iron's gross prot percentage (rounded to the nearest percentage)? A. 44% O B. 16% O C. 56% O D. 17%

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