Question: Help Save & Exit Submit Check my work 4 2 of 3 Required information (The following information applies to the questions displayed below.) The following
Help Save & Exit Submit Check my work 4 2 of 3 Required information (The following information applies to the questions displayed below.) The following information pertains to Mason Company for Year 2. Beginning inventory 156 units @ $50 Units purchased 438 units @ $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. fo Once b. What is the amount of net income using FIFO, LIFO, and weighted average? (ignore income tax considerations) (Round cost per unit to 3 decimal places and other intermediate answers and final answers to the nearest whole dollar amount.) Net Income FIFO LIFO Weighted average
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