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only need weighted average ASSIGNMENTS - CHAPTER 5 i 1 Required Information Part...

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Accounting

imageonly need weighted average

ASSIGNMENTS - CHAPTER 5 i 1 Required Information Part 1 of 3 The following Information applies to the questions displayed below.) The following Information pertains to Mason Company for Year 2 ints Beginning inventory Units purchased 160 units @ $ 52 446 units @ $ 78 02:48:45 Ending Inventory consisted of 64 units. Mason sold 542 units at $156 each. All purchases and sales were made with cash. Operating expenses amounted to $4,200. eBook Required a. Compute the gross margin for Mason Company using the following cost flow assumptions: (1) FIFO, (2) LIFO, and (3) weighted average. (Round cost per unlt to 3 decimal places and final answers to the nearest whole dollar amount.) erences FIFO Gross Margin $ 46.436 s 44,772 LIFO Weighted average

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