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  3. part c napco had the following information: \tabl

Part C NapCo had the following information: \table[[Beg Inventory,Units,,Price/Unit],[Purchase,1,000,200,],[Purchase,3,000,$,250],[Sold,1,500,$,325],[,4,400,$,500]] Calculate FIFO, LIFO, and...

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Accounting

Part C
NapCo had the following information:
\table[[Beg Inventory,Units,,Price/Unit],[Purchase,1,000,200,],[Purchase,3,000,$,250],[Sold,1,500,$,325],[,4,400,$,500]]
Calculate FIFO, LIFO, and Weighted Average for each. Show your work.
\table[[1,Calculate the value of Ending Inventory,],[2,Calculate the schedule for Cost of Goods Sold,],[3,Calculate the schedule for Gross profit,],[44,Calculate the Gross Profit Percentage,],[5,What inventory method would you suggest and why?,],[6,,]]
6 Identify a few ways in which NapCo can improve its Gross Profit Percentage?
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