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You have the following information for Sheridan Inc. for the month ended October 31,2025 . Sheridan uses a periodic system for inventory. (a1) Your answer
You have the following information for Sheridan Inc. for the month ended October 31,2025 . Sheridan uses a periodic system for inventory. (a1) Your answer has been saved. See score details after the due date. Calculate the weighted-average cost. (Round answer to 3 decimal places, e.g. 5.125.) Weighted-average cost per unit $ Attempts: 1 of 1 used (a2) Calculate ending inventory, cost of goods sold, and gross profit under each of the following methods. 1. LIFO. 2. FIFO. 3. Average-cost. (Round answers to 0 decimal places, e.g. 125.)
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