Question: and the periodic inventory system. Round the weighted average unit cost to the nearest cent. Inventory, March 31 5 154,260 X Cost of goods sold

and the periodic inventory system. Round the weighted average unit cost to the nearest cent. Inventory, March 31 5 154,260 X Cost of goods sold $ 7,211,656 X 4. Compare the gross profit and the March 31 inventories, using the following column headings. For those boxes in which you must subtracted or negative numbers use a minus sign. FIFO LIFO Weighted Average Salas 13,830,000 13,830,000 13,830,000 Cost of goods sold 6,940,500 -7,226,500 -7,199,500 X Gross profit 6,889,500 S 6,603,500 S X Inventory, March 31 S 966,000 $ 680,000 S 1,543,560 X

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