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What is cost of goods in # 3? Gross profits in #4? Periodic inventory by three methods The beginning inventory at Midnight Supplies and data
What is cost of goods in # 3?
Gross profits in #4?
Periodic inventory by three methods The beginning inventory at Midnight Supplies and data on purchases and sales for a three-month period ending March 31 are as follows: 1. Determine the inventory on March 31 and the cost of goods sold for the three-month period, using the first-in, first-out method and the periodic inventory system. Inventory, March 31 q Cost of goods sold $ 2. Determine the inventory on March 31 and the cost of goods sold for the three-month period, using the last-in, first-out method and the periodic inventory system. Inventory, March 31 : Cost of goods sold $ to the nearest cent. Inventory, March 31: Cost of goods sold $Step by Step Solution
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