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please just lost fill in chart will fil lin blanks thank you. then answers to question underneat the charts ring December as follows: Requirements More
please just lost fill in chart will fil lin blanks thank you. then answers to question underneat the charts
ring December as follows: Requirements More Info Dec. 1 Beginning merchandise inventory 8 Sale 14 Purchase 21 Sale mo al 1. Compute the cost of goods sold, cost of ending merchandise inventory and gross profit using the FIFO inventory costing method. 2 Compute the cost of goods sold, cost of ending merchandise inventory, and gross profit using the LIFO Inventory costing method 3. Which method results in a higher cost of goods sold? 4. Which method results in a higher cost of ending merchandise inventory? 5. Which method results in a higher gross profit? 13 units @ 9 each 9 units@ $ 16 each 16 units 5 13 each 13 units @ $ 16 each of Print Done Print Done Asume at Tayland store purchased and sold aina of doing December as follow Click the conto view the transactions) Toyland the perpetua ventory system Rood there Requirement or the cost of goods sold cost of endogether, yoghe Oventory continguts llegin by computing the cost of goods sold and cost of ende nechatrysing the retary control the end oder gewentary on and other Oros of the transactions have been operate the art and all of merchants were and hand at the end of the Purchase Cestofa Bed Inventory and UN Total Unit Total UNE Total Dale Quantity Cet Cout Quantity Cos Con Cel Det De Cel De 14 Dec. 20 Cumoute the gross profusing then the TIFO inycosting who profis ung the Fifoltory costing the Requirement 2 came to good cost of the end og Lorary con en by contender meer in Fortycoon Graduates tear oiteratire are Here Code inversand Un Tu Uw Un Yul Data Quy Co Cool Oy Coat Cot C Due De Des 14 De 11 Tom Congress pro tengo UFO Hory cod Cros in einem Requirements. With a compos Requirement 4. Which method results in a higher cost of ending merchandise inventory? The method with the higher cost of ending merchandise inventory is Requirement 5. Which method results in a higher gross profit? The method with the higher gross profit is Step by Step Solution
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