Exam (elaborations)
CCT 212 Week 5 Homework – Practice | Highly RATED PAPER | 100% Correct answers
- Course
- ACCT 212
- Institution
- Devry University
Week 5 Homework: 1. a. Required: Using FIFO, calculate ending inventory, cost of goods sold, sales revenue, and gross profit Sales revenue = 450 units × $70 = $31,500 Gross profit = Sales revenue − Cost of good
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