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cal View Policies Current Attempt in Progress Carla Vista Co.uses...

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Accounting

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View Policies Current Attempt in Progress Carla Vista Co.uses a perpetual inventory system. The following information is provided for cost of goods sold and ending Inventory under FIFO and weighted average. FIFO Weighted Average $8,214 $8,600 Cost of goods sold Ending Inventory $1,475 $1.861 Assume sale units to be 1,180 ing all units are sold for $15 per unit, and the product costs are decreasing calculate gross profiter FIFO Gross pront $ Assuming all units are sold for $15 per unit and the product costs are decreasing, calculate gross profit under FIFO. Gross profit

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