Question: Question Help 0 VU I w SWAT Team Surplus began October 2018 with 100 stoves that com $10 cach During the month, the company made

 Question Help 0 VU I w SWAT Team Surplus began October

Question Help 0 VU I w SWAT Team Surplus began October 2018 with 100 stoves that com $10 cach During the month, the company made the following purchases con mok the icon to view the purchases) The company old 332 soves, and October 31, the ending inventory consisted of 48 slove. The le price of each love was 7 Read the more Requirement. Determine the cost of goods and aning inventory amounts for October under the wee.com FFO, and UFO coming methods found the average couper into two decimal places and round the amounts to the nearest doar Number of Average com Data Table Redirements Cost of goods sold Ending inventory October 6 18 120 sloves @ $18 - $ 2.160 130 stove $25 3.250 30 stoves 327 810 25 1. Determine the cost of goods sold and ending vertory amounts for October under the average cost, FIFO and LIFO Cowing methods. Round the were cost per un to decimal places and round the amounts to the nearest dollar 2. Explain why cost of goods sold is highest under LIFO Bespoke 3. Prepare the SWAT Team Surplus income statement for October Report gross profit Operating expenses totaled $4.500. The company was average costing for inventory. The income tax rate is 30% Print Done Print Done Enter any number in the edit fields and then click Check Answer parts remaining Clear Al Check

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