The related Kakai data of the Company:
Period	Quantity	Unit cost
Week 1	8,000	10.00
Week 2	8,200	11.00
Week 3	7,900	12.00
On week 4 the company made a sale of	15,000	units
Mark up base on cost is	50%
Under the weighted average method, how much is the gross profit? Under the FIFO method, how much is the gross profit?

Answer rating: 100% (QA)

Under the weighted average method the cost per unit is calculated by dividing the total cost of good... View the full answer