Question: Use the transactions below for De Anza Inc during March, 2 0 2 2 : Mar. 1 Purchased 5 5 0 units @ $ 2
Use the transactions below for De Anza Inc during March, :
Mar. Purchased units @ $ each
Mar. Purchased units @ $ each
Mar. Sold units @ $ each
Mar. Purchased units @ $ each
Mar. Sold units @ $ each
Mar. Purchased units @ $ each
Mar. Sold units @ $ each
Mar. Sold units @ $ each
If beginning inventory was zero units, calculate total sales, cost of goods sold, gross profit and ending inventory for the month of October using each of
the following inventory methods:
FIFO Perpetual
LIFO Periodic
Average Cost Periodic round average to nearest cent
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