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Teal Mountain Company sells discounted shoes to the fashion - oriented consumer. The following schedule relates to the company's inventory for the month of March:
Teal Mountain Company sells discounted shoes to the fashionoriented consumer. The following schedule relates to the company's
inventory for the month of March:
Teal Mountain Company uses the perpetual inventory system.
a
Calculate Teal Mountain Company's cost of goods sold, gross margin, and ending inventory using:
i FIFO
ii Weightedaverage Round calculations for cost per unit to decimal places, eg and final answers to decimal places, eg
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