Find gross profit by using tge FIFO costing method.

E6-19 (similar to) Assume that Models and More store bought and sold a line of dolls during December as follows: (Click the icon to view the transactions.) Models and More uses the perpetual inventory system. Read the requirements Purchases Cost of Goods Sold Inventory on Hand Unit Unit Total Cost Unit Total Total Date Quantity Cost Quantity Cost Cost QuantityCost Cost Dec. 1 Dec. 8 Dec. 14 14 S 10 140 8 S 10 S 80 8 S 10 $ 80 17 S 14 $ 238 11 14 S 154 6 S10 S 60 17 S 14 S 238 8 10 80 6 S 14 S 84 20 Dec 21 S 238 S 224 S 154 Totals 17 Enter any number in the edit fields and then click Check Answer 5 parts Clear All