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P6-63A (book/static Que on Help S17 Fat began D her wth 77 tents that During EB (:ick these I:an ta vnew the purchases y Fat
P6-63A (book/static Que on Help S17 Fat began D her wth 77 tents that During EB (:ick these I:an ta vnew the purchases y Fat dng Req 2. E why cost of good Be specMic. 3. Prepare Fatigues surpus' me statement for October Report gross profit. Operating expenses totaled $5,000. Fatigues surpus ses the average costing ferinveniory. The income tax rate is 40%. Requirement Detomne the cost of goods sold and Cndng Inventory amounts for Octcbc nder the average cost. FIF cost, and LIFO cost. (For thC average cost mcthod. Usc the U cost rcundcd to 1cur decimal places calculato bcth thc cnd Ing Inventcry and ccstof goods scld. For FlFO LIFO method round amounts to the nearest whole dollar. Average cost Ending Inventory Data Table "ast of goats 103 tents S1ii s 19h1 19 155 tents S21 3,310 43 tents S22
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