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Super Co. has the following records for inventory for the year. Calculate the dollar amounts for Cost of Goods Sold under the following inventory costing
Super Co. has the following records for inventory for the year. Calculate the dollar amounts for Cost of Goods Sold under the following inventory costing methods: LIFO, and Weighted Average. CALCULATIONS MUST BE SHOWN TO RECEIVE FULL POINTS. Date Beginning Inventory Purchases: Feb. 4 Purchases: May. 11 Purchases: Sept. 19 Goods Available for Sale Ending Inventory Goods Sold Units 600 250 400 300 $/Unit 3.00 2.90 2.80 2.70 Total $ 1800 725 1120 810 1,550 650 900 4455 ? ? You need to copy and paste the table and put your working out and answer in the table. If you have difficulty copying the table, write your answers in a comprehensible way to be graded. CALCULATION (Working Out) COGS (ANSWER) LIFO Weighted Round WAC to 2 decimal places Average
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