Question
Instructions: Use the table above to answer the following questions. 1. What is the total cost of the goods available for sale? $ 2.
Instructions: Use the table above to answer the following questions. 1. What is the total cost of the goods available for sale? $ 2. How many units are: a. Available for sale b. Sold c. Left in ending inventory I 3. Assuming Hartford Clothing Company uses the FIFO inventory costing method: a. Ending inventory balance is $ b. Cost of Goods Sold is $ 4. Assuming Hartford Clothing Company uses the LIFO inventory costing method: a. Ending inventory balance is $ b. Cost of Goods Sold is $ 5. Assuming Hartford Clothing Company uses the Weighted Average inventory costing method: a. Ending inventory balance is $ b. Cost of Goods Sold is $. 6. Assuming Hartford Clothing Company uses the FIFO inventory costing method, what was Hartford Clothing Company's Gross Profit for the month of September? Instructions: Use the table above to answer the following questions. 1. What is the total cost of the goods available for sale? $ 2. How many units are: a. Available for sale b. Sold c. Left in ending inventory I 3. Assuming Hartford Clothing Company uses the FIFO inventory costing method: a. Ending inventory balance is $ b. Cost of Goods Sold is $ 4. Assuming Hartford Clothing Company uses the LIFO inventory costing method: a. Ending inventory balance is $ b. Cost of Goods Sold is $ 5. Assuming Hartford Clothing Company uses the Weighted Average inventory costing method: a. Ending inventory balance is $ b. Cost of Goods Sold is $. 6. Assuming Hartford Clothing Company uses the FIFO inventory costing method, what was Hartford Clothing Company's Gross Profit for the month of September?
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