For each of the following cost flow assumptions, calculate cost of goods sold, ending inventory, and...
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For each of the following cost flow assumptions, calculate cost of goods sold, ending inventory, and gross profit. (1) LIFO. (2) FIFO. (3) Moving-average cost. (Round average-cost per unit to 3 decimal places, e.g. 12.502 and final answer to O decimal places, e.g. 1,250.) Cost of goods sold $ Ending inventory $ LIFO $ FIFO $ $ I $ $ Gross profit $ $ Moving-average For each of the following cost flow assumptions, calculate cost of goods sold, ending inventory, and gross profit. (1) LIFO. (2) FIFO. (3) Moving-average cost. (Round average-cost per unit to 3 decimal places, e.g. 12.502 and final answer to O decimal places, e.g. 1,250.) Cost of goods sold $ Ending inventory $ LIFO $ FIFO $ $ I $ $ Gross profit $ $ Moving-average
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