Question: PLEASE ANSWER QUESTION B 2 THE PREVIOUS ANSWERS WERE WRONG IF THEY ARE RIGHT I WILL THUMBS UP Sunland Trading Company uses a periodic inventory
PLEASE ANSWER QUESTION B THE PREVIOUS ANSWERS WERE WRONG IF THEY ARE RIGHT I WILL THUMBS UP
Sunland Trading Company uses a periodic inventory system and has a beginning inventory as of April of tents. This consists of tents purchased in February at a cost of $ each. During April, the company had the following purchases and sales of tents.
Your answer is correct.
Determine cost of goods available for sale and ending inventory in units.
Cost of goods available for sale
Ending inventory in units
eTextbook and Media
Attempts: of used
a
V Your answer is correct.
Determine the April cost of goods sold and the cost of the April ending inventory using FIFO, LIFO, and averagecostRound
averagecost ending inventory to decimal places, eg and final answers to decimal places, eg
Your answer is correct.
Determine total sales for the month of April.
Total sales
eTextbook and Media
Attempts: of used
b
X Your answer is incorrect.
Calculate Sunland Trading's gross profit and gross profit rate for the month of April under each method. Round gross profit to
decimal places, eg and gross profit rate to decimal place, eg
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