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Prepare partial income statements for 2 0 2 2 through gross profit, under each of the following cost flow assumptions. ( Round answers to 2
Prepare partial income statements for through gross profit, under each of the following cost flow assumptions. Round answers to decimal places, eg
Specific identification method assuming:
i The March sale consisted of liters from the March beginning inventory and liters from the March purchase; and
ii The March sale consisted of the following number of units sold from beginning inventory and each purchase: liters from March ; liters from March ; liters from March ; liters from March
FIFO
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