Question: Current Attempt in Progress The following information relates to Marin Ltd . ' s inventory transactions during the month of August. All of the units
Current Attempt in Progress
The following information relates to Marin Ltds inventory transactions during the month of August.
All of the units sold were priced at $ per unit.
a
Marin Ltd uses the perpetual inventory system. Calculate Marin's cost of goods sold, gross margin, and ending inventory for the month of August using:
i FIFO
ii Weightedaverage Round calculations for cost per unit to decimal places, eg and final answers to decimal places, eg
i FIFO
$
$
$
ii Weightedavera
ge
$
$
$
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