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Larkspur Company sells discounted shoes to the fashion - oriented consumer. The following schedule relates to the company's imventory for the month of March: Larkspur
Larkspur Company sells discounted shoes to the fashionoriented consumer. The following schedule relates to the company's
imventory for the month of March:
Larkspur Company uses the periodic inventory system.
a
Calculate Larkspur Company's cost of goods sold, gross margin, and ending inventory using:
i FIFO
ii Weightedaverage Round calculations for cost per unit to decimal places, eg
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