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Question 1 Inventory 1 . A . Raytheon inventory information is as follows: o Beginning inventory ( 1 / 1 / 1 9 ) :

Question 1 Inventory
1. A. Raytheon inventory information is as follows:
o Beginning inventory (1/1/19): 200 units @ $1.00
o Purchase of inventory (1/14/19): 400 units @ $4.00
o Sale of inventory: 1/15/19: 300 units 1/16/19: 250 units
o Total Sales Revenue = $2,250
Q1. Using the information above, compute COGS, Ending Inventory and Gross Profit under FIFO, LIFO, and Weighted average:

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