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Please fill in blanks will upvote if correct! Indizo Outdoor Stores Inc. uses a perpetual inventory system and has a beginning inventony, as at April
Please fill in blanks will upvote if correct!
Indizo Outdoor Stores Inc. uses a perpetual inventory system and has a beginning inventony, as at April 1, of 152 tents. This consists of 50 tents purchased in February at a cost of $212 each and 102 tents purchased in March at a cost of $226 each. During Aprit, the company had the following purchases and sales of tents: Determine the cost of goods sold and the cost of the ending inventory using fiFO. Cost of goods sold Ending inventory $ es. 1.26 and gross profit to 0 dedinal places, es. 5,275.) Gross profit Gross profitmargin Step by Step Solution
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