Part 3 013 Required information Exercise 5.4A (Algo) Effect of inventory cost flow (FIFO, LIFO,...
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Part 3 013 Required information Exercise 5.4A (Algo) Effect of inventory cost flow (FIFO, LIFO, and weighted average) on gross margin LO 5-1 [The following information applies to the questions displayed below) The following information pertains to Mason Company for Year 2 2 points 8 02 Beginning inventory Units purchased 100 units $ 22 326 units 533 ook Ending inventory consisted of 34 units. Mason sold 392 units at $66 each. All purchases and sales were made with cash Operating expenses amounted to $3.075 Hint Berences Exercise 5-4A (Algo) Porto cCompute the amount of ending inventory using (FFO,Q) LIFO, and (3) weighted average (Round cont per unit to 3 decimal places and final answers to the nearest whole dollar amount) Ending livestory FIFO LIFO Weighted average
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