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The Segura Corporation company has the following purchases and sales during the year ended December 31, 2014 Inventory and Purchases Sales Beginning: 200 units @
The Segura Corporation company has the following purchases and sales during the year ended December 31, 2014 Inventory and Purchases Sales Beginning: 200 units @ $34/unit May 11 200 units March 8 200 units @ $33/unit December 4 200 units July 24 200 units @ $34/unit The units have a selling price of $45.00 per unit a) Given that Segura Corporation employs a perpetual inventory system, calculate the cost of goods available for sale and the number of units available for sale, as well as the units remaining in ending inventory. Cost of goods available for sale: Units available for sale Units remaining in ending inventory b) Please fill in the table by calculating the dollar value of cost of goods sold and ending inventory, as well as the gross profit earned by Segura Corporation using the following systems FIFO and Weighted Calculate weighted average cost per unit of merchandise inventory to the nearest cent. Weighted Average FIFO Cost of Goods Sold Ending Inventory Gross Profit
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