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! Required information [ The following information applies to the questions displayed below. ] The following information pertains to Mason Company for Year 2 .
Required information
The following information applies to the questions displayed below.
The following information pertains to Mason Company for Year
Beginning inventory
units @ $
Units purchased
units a $
Ending inventory consisted of units. Mason sold units at $ each. All purchases and sales were made with cash. Operating expenses amounted to $
b What is the amount of net income using FIFO, LIFO, and weighted average? Ignore income tax considerations.Round cost per unit to decimal places and other intermediate answers and final answers to the nearest whole dollar amount.
tableNet IncomeFIFOLIFOWeighted average,
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