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please answer in both FIFO and LIFO Debra Company sells many products. Gumo is one of its populariter Below is the truth Gizmo for the
please answer in both FIFO and LIFO
Debra Company sells many products. Gumo is one of its populariter Below is the truth Gizmo for the month of March Debra Company uses the perpetual ventory system Purchases Units Unit Cost Sales Units Selling Price Unit 3/1 Beginning inventory 95 $38 313 Purchase 55 $50 1/4 Sales 55 SO 3/10 Purchase 195 $55 3/16 Sales 95 595 3/19 Sales 65 $90 3/25 Sales 80 595 3/30 Purchase 45 560 (a) (a) Using the FIFO assumption, calculate the amount charged to cost of goods sold for March Cost of goods sold $ Save for Later Attempts: Oof 1 used to (b) The parts of this question must be completed in order. This part will be available when you complete the part above 54F Cloudy Step by Step Solution
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