Chapter 5 Homework -v Chapter 5 Homework Help Save & Exit Submit Check my work 2 Required information The following iformation opplies to the questions dispiayed below. The following information pertains to Mason Company for Year 2 Part 1 of 3 Beginning inventory Units purchased 164 units 54 454 units81 points eBook Ask Referencs Fnding inventory consisted of 66 units Mason sold 552 units at $162 each All purchases and sales were made with cash Operating expenses amounted to $4,275. Required a. Compute the gross margin for Mason Company using the following cost flow assumptions. (1) FIFO, (2) LIFO, and (3) weighted averege. (Round cost per unit to 3 decimal places and final answers to the nearest whole dollar amount.) Gross Margin 49, 1 LIFO 47,35 Weighled averae K Prev O Type here to search 1:25 3/24/2019