Question: the correct answer please View Policies Current Attempt in Progress Waterway Company's inventory records show the following data Units Unit Cost Inventory, January 1 10000
the correct answer please
View Policies Current Attempt in Progress Waterway Company's inventory records show the following data Units Unit Cost Inventory, January 1 10000 Purchases: June 18 9000 7.00 November 8 6000 8,00 A physical inventory on December 31 shows 4500 units on hand. Waterway sells the units for $11 each. The company has an effective tax rate of 18%. Waterway uses the periodic inventory method. If the company uses FIFO what is the gross profit for the period O $58500 O $63460 O $62766 $63900 Attempts 0 of 1 und Save for Later $9.20
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