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answer the last row The records of Cordova Corp. showed...

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Accounting

answer the last row
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The records of Cordova Corp. showed the following transactions, in the order given, relating to the major Inventory item: Unit Cost $8.60 8.90 Units 4,000 8,000 5,500 7,000 12,000 14,000 12,000 8,000 9.20 1. Inventory 2. Purchase 3. Sale (at $18.40) 4. Purchase 5. Sale (at $18.40) 6. Purchase 7. Sale (at $21.40) 8. Purchase Varded 9.36 9.50 Required: Complete the following schedule for each independent assumption. (Round unit costs to the nearest cent.); Independent Assumptions Gross Margin FIFO Weighted average, periodic inventory system Moving average, perpetual inventory system $ Units and Amounts Cost of Goods Sold $ 268, 280 271,400 264,454 Ending Inventory 108,780 105,800 108,586 310,520 307 400 314,346

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