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The following information is available about the company Stanley Inc. for the year 2 0 2 3 : Supplier at the beginning of the year
The following information is available about the company Stanley Inc. for the year :
Supplier at the beginning of the year units at per unit
Units purchased during the year units at per units
During the year Stanley sold units at a price of per unit and at the end of the year the number of units
which was available in stock at units. Other operating costs apart from the cost of goods sold
product amounted to during the year. All transactions were cash on delivery
a Calculate the gross margin for a company including Three assumptions about the method of stock assessment ie FIFO method, LIFO method
bWhat will be the company's operating results, including Prerequisites in point a There is no income tax in the example.
cWhat will be the value of capitalized inventory at the end of the year, including These three methods of stock assessment
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