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The following information pertains to Mason Company for Year 2 . Beginning inventory 1 6 8 units @ $ 5 6 Units purchased 4 6
The following information pertains to Mason Company for Year
Beginning inventory units @ $
Units purchased units @ $
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.
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