Ivanhoe Novelty had a beginning inventory balance on July 1 of 3 5 0 units at a cost of $ 3 0 0 each During the month, the following inventory transactions took place Calculate the cost of goods available for sale and the number of units of ending inventory Cost of goods available for sale Number of units of ending inventory units Question Part Score Assume Ivanhoe uses FIFO periodic Calculate the cost of ending inventory, cost of goods sold, and gross profit Ending inventory $ Cost of goods sold $ Gross profit $ Question Part Score Assume Ivanhoe uses FIFO perpetual Calculate the cost of ending inventory, cost of goods sold, and gross profit Ending inventory $ Cost of goods sold $ Gross profit $

Question

Ivanhoe Novelty had a beginning inventory balance on July 1 of 3 5 0 units at a cost of $ 3   0 0 each  During the month, the following inventory transactions took place  Calculate the cost of goods available for sale and the number of units of ending inventory  Cost of goods available for sale Number of units of ending inventory units Question Part Score Assume Ivanhoe uses FIFO periodic  Calculate the cost of ending inventory, cost of goods sold, and gross profit  Ending inventory $ Cost of goods sold $ Gross profit $ Question Part Score Assume Ivanhoe uses FIFO perpetual  Calculate the cost of ending inventory, cost of goods sold, and gross profit  Ending inventory $ Cost of goods sold $ Gross profit $

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Ivanhoe Novelty had a beginning inventory balance on July 1 of 3 5 0 units at a cost of $ 3 . 0 0 each.

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