Exercise 5-4A Part a

x C Sche ng pr e pared to the 500 X Chapter 5 Homework nnect meducation.com/flow/connect.html UMC Home > Canvas Pathway Student Office . M G A Online Banking N etflix Pinterest Facebook Twitter Home Homework Help Save & EX Chech Required information Exercise 5-4A Effect of inventory cost flow (FIFO, LIFO, and weighted average) on gross margin LO 5.1 The following information applies to the questions displayed below! The following information pertains to Mason Company for Year 2 Beginning inventory Units purchased 156 units 438 units $50 $75 Ending inventory consisted of 62 units. Mason sold 532 units at $150 each. All purchases and sales were made with cash Operating expenses amounted to $4.125 Exercise 5-4A Part a Required a. Compute the gross margin for Mason Company using the following cost flow assumptions() FIFO. 2) LIFO and 3) weighted average. (Round cost per unit to 3 decimal places and final answers to the nearest whole dollar amount) TOSHIBA s X + 5210 500 x Chapter 5 Home XC Sched Agrococ o connect. meducation.com/flow/connecthtml UMC Home > Canvas Pathway Student Office. Mnal Anine Banking Nude Portret n e m 5 Homework Help Seve & Check Ending inventory consisted of 62 units. Mason sold 532 units at $150 each All purchases and sales were made with cash Operating expenses amounted to $4125 Exercise 5-4A Parta Required a. Compute the gross margin for Mason Company using the following cost flow assumptions() FIFO, 2LIFO, and average. (Round cost per unit to 3 decimal places and final answers to the nearest whole dollar amount.) weighted Gross Margin Weighted average TOSHIBA FS F F F F F F11 F12 1 DE