Question: For specific identification, units sold include 4 0 units from beginning inventory, 4 6 5 units from the March 5 purchase, 1 2 5 units
For specific identification, units sold include units from beginning inventory, units from the March purchase,
units from the March purchase, and units from the March purchase.
Problem AA Algo Part
Compute gross profit earned by the company for each of the four costing methods.
Note: Round your average cost per unit to decimal places and final answers to nearest whole dollar.Date Activities Units Acquired at Cost Units Sold at Retail
March Beginning inventory units @ $ per unit
March Purchase units @ $ per unit
March Sales units @ $ per unit
March Purchase units @ $ per unit
March Purchase units @ $ per unit
March Sales units @ $ per unit
Totals units units
For specific identification, units sold include units from beginning inventory, units from the March purchase, units from the March purchase, and units from the March purchase. Compute gross profit earned by the company for each of the four costing methods.
Note: Round your average cost per unit to decimal places and final answers to nearest whole dollar.
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