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menMain.do?invoker &takeAssignmentSessionlocatoreinprogress-fabe A 3 Show Me How omework 200 LGO Cost Flow Methods The following three identical units of Item LO3V are purchased during April:
menMain.do?invoker &takeAssignmentSessionlocatoreinprogress-fabe A 3 Show Me How omework 200 LGO Cost Flow Methods The following three identical units of Item LO3V are purchased during April: ALGO April 2 ALGO April 14 April 2 Total Item LOV Units Cost Purchase 1 $83 Purchase 1 85 Purchase I 87 3 $255 385 ($255 +1 units) ALGO Average cost per unit Assume that one unit is sold on April 30 for $120. Determine the gross profit for April and ending inventory on April 30 using the (a) first out (FIFO) in first-out (0); and (d) weighted average cost methods Gross Profit Ending Inventory a. First-le, first-out (FIFO) b. Latin, first-out (SFO) Weighted average.co Check My Work ED
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