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The following information relates to Glassworks Ltd ' s inventory transactions during the month of July. All of the units sold were priced at $
The following information relates to Glassworks Ltds inventory transactions during the month of July. All of the units sold were priced at $ per unit. Glassworks Ltd uses the periodic inventory system. Calculate Glassworks' cost of goods sold, gross margin, and ending inventory for the month of July using: FIFO ii weightedaverage Round coleulations for cost per unit to decimal places, egs. and final enswers to odecind places, eg
The following information relates to Glassworks Ltds inventory transactions during the month of July.
All of the units sold were priced at $ per unit.
Glassworks Ltd uses the periodic inventory system. Calculate Glassworks' cost of goods sold, gross margin, and ending inventory
for the month of July using:
FIFO
ii weightedaverage
Round coleulations for cost per unit to decimal places, egs. and final enswers to odecind places, eg
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