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Points: 0.83 of 2 Save Assume RB Tire, Inc., completed the following perpetual inventory transactions for a line of tres (Click the icon to
Points: 0.83 of 2 Save Assume RB Tire, Inc., completed the following perpetual inventory transactions for a line of tres (Click the icon to view the transactions) Read the requirements Requirements 1, 2, and 3. Compute cost of goods sold and gross profit using FIFO, LIFO, and average cost methods (Round average cost per unit to the nearest cent and all other amounts to the nearest dollar) Sales revenue Cost of goods sold Gross profit FIFO Data table Beginning inventory 20 tires @$ 190 Purchase 37 tres 5 204 Sale- Print 44 Wes@5 210 Done
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