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Inventory records for Dunbar Incorporated revealed the following: Number Unit Date Transaction of Units Cost Apr. 1 Beginning inventory 480 $2.13 Apr.20 Purchase 450 2.66
Inventory records for Dunbar Incorporated revealed the following: Number Unit Date Transaction of Units Cost Apr. 1 Beginning inventory 480 $2.13 Apr.20 Purchase 450 2.66 Dunbar sold 580 units of inventory during the month. Ending inventory assuming LIFO would be: (Do not re your answer to the nearest dollar amount.) Multiple Choice $1,197. $931. $746. $1,022. Inventory records for Dunbar Incorporated revealed the following: Number Unit Date Transaction of Units Cost Apr. 1 Beginning inventory 410 $2.39 Apr.20 Purchase 430 2.77 Dunbar sold 570 units of inventory during the month. Ending inventory assuming FIFO would b your answer to the nearest dollar amount.) Multiple Choice $1,136. $748. $980. $645. BEE Inventory records for Dunbar Incorporated revealed the following: Number Unit Date Transaction of Units Cost Apr. 1 Beginning inventory 500 $2.49 Apr.20 Purchase 380 2.61 Dunbar sold 650 units of inventory during the month. Ending inventory assuming weighted-average cost would be: to 4 decimal places and final answer to the nearest dollar amount.) Multiple Choice $645. $585. $553. $587 A company has beginning inventory for the year of $11,000. During the year, the company purchases inventory for $190,000 and ends the year with $26,000 of inventory. The company will report cost of goods sold equal to: Multiple Choice $190,000. $175,000. $205.000 $216,000 Given the information in the table below, what is the company's gross profit? Sales revenue $350,000 Accounts receivable $280,000 Ending inventory $230,000 Cost of goods sold $180,000 Sales returns Sales discounts $ 50,000 $ 20,000 Multiple Choice $170,000. $280,000. $50,000. $100,000
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