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Suppose a division of DIY Building Products Inc. has these inventory records for January 2020: ! Click the icon to view the inventory records.) Operating
Suppose a division of DIY Building Products Inc. has these inventory records for January 2020: ! Click the icon to view the inventory records.) Operating expense for January was $1,900, and the 300 units sold on January 24 generated sales revenue of $6,770. Requirements Requirement 1a. Prepare the January income statement showing amounts for FIFO and weighted average cost assuming that a periodic Round average cost per unit to three decimal places and all other figures to whole-dollar amounts (Round your answers to the nearest DIY Building Products Incorporated Suppose a division of DIY Building Products Inc. has these inventory records for January 2020: ! Click the icon to view the inventory records.) Operating expense for January was $1,900, and the 300 units sold on January 24 generated sales revenue of $6,770. Requirements Requirement 1a. Prepare the January income statement showing amounts for FIFO and weighted average cost assuming that a periodic Round average cost per unit to three decimal places and all other figures to whole-dollar amounts (Round your answers to the nearest DIY Building Products Incorporated
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