Question: Please correct the cross marks cells During the year, Rosenberg Incorporated has the following inventory transactions. Date January 1 March 4 June 9 November 11

Please correct the cross marks cells

Please correct the cross marks cells During the year, Rosenberg Incorporated has

During the year, Rosenberg Incorporated has the following inventory transactions. Date January 1 March 4 June 9 November 11 Transaction Beginning inventory Purchase Purchase Purchase Number of Unit Total Units Cost Cost 23 $25 $575 28 24 672 33 23 759 33 21 693 117 $2,699 For the entire year, the company sells 89 units of inventory for $33 each. Required: 1-a & b. Using FIFO, calculate ending inventory and cost of goods sold. 1-c & d. Using FIFO, calculate sales revenue and gross profit. 2-a & b. Using LIFO, calculate ending inventory and cost of goods sold. 2-c & d. Using LIFO, calculate sales revenue and gross profit. 3-a & b. Using weighted-average cost, calculate ending inventory and cost of goods sold. 3-c & d. Using weighted-average cost, calculate sales revenue and gross profit. 4. Determine which method will result in higher profitability when inventory costs are declining. > Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Req 1a and b Req 1c and d Req 2a and b Req 2c and d Req 3a and b Req 3c and d $ 2,937.00 $ 884.00 Using weighted-average cost, calculate sales revenue and gross profit. (Round answers to 2 decimal places.) Sales revenue Gross profit

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