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In its first month of operations, Carla Vista Compary made three purchases of merchandise in...

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Accounting

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In its first month of operations, Carla Vista Compary made three purchases of merchandise in the following sequence: (1) 200 units at \$7. (2) 300 units at $9. and (3) 400 units at $10. Assuming there are 100 units on hand at the end of the periodicompute the cost of the ending irventory under (a) the FIFO method and (b) the LIFO method. Carla Vista uses a periodic inventorysystem. In its first month of operations, Ivanhoe Company made three purchasers of merchandise in the following sequence: (1) 650 units at 58 . (2) 750 units at 510 , and (3) 850 units at $11. Ivanhoe uses a periodic imventory system. (a1) Calculate waighted-average unit cost \{Round antwer to 3 decimal place, es.5.125\} Weighted-average unit cost S eTextbook and Media Attempts; 0 of 3 used

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