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The following information relates to Splish Brothers Ltd ' s inventory transactions during the month of August. Units Cost / Unit Amount August 1 Beginning
The following information relates to Splish Brothers Ltds inventory transactions during the month of August. Units CostUnit Amount August Beginning inventory $ $ Purchase $ Sale Purchase $ Sale Purchase $ Sale All of the units sold were priced at $ per unit. a Your answer is incorrect. Splish Brothers Ltd uses the periodic inventory system. Calculate Splish Brothers's cost of goods sold, gross margin, and ending inventory for the month of August using: i FIFO ii Weightedaverage Round final answers to decimal places, eg
The following information relates to Splish Brothers Ltds inventory transactions during the month of August.
Units
CostUnit
Amount
August
Beginning inventory
$
$
Purchase
$
Sale
Purchase
$
Sale
Purchase
$
Sale
All of the units sold were priced at $ per unit.
a
Your answer is incorrect.
Splish Brothers Ltd uses the periodic inventory system. Calculate Splish Brothers's cost of goods sold, gross margin, and ending inventory for the month of August using:
i FIFO
ii Weightedaverage Round final answers to decimal places, eg
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