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BA220 Financial Accounting.

Added on - 16 Sep 2019

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BA220 Financial AccountingWeek 4Answer KeyTextbook: 9thEditionEXERCISE 5-1Aa.b.c.d.e.EXERCISE 5-2AJones Co.(a)(b)(c)FIFOLIFOW. AVG.Cost of Goods SoldEnding InventoryEXERCISE 5-3AThe Cortez Company Inventory Purchases@=@=@=Page1of10
Goods Available forSale$a.Cost of Goods Sold:FIFOUnitsUnitCostCost of GoodsSold@=@=@=Ending Inventory:FIFOUnitsUnitCostEndingInventory@=b. Cost of Goods SoldLIFOUnitsUnitCostCost of GoodsSold@=@=Ending InventoryLIFOUnitsUnitCostEndingInventory@=@=c.Weighted Average:==@=@=Page2of10
EXERCISE 5-4Aa. (1)Mason CompanyFIFOCost of Goods Sold:==Gross Margin$17,100a. (2)LIFO==a. (3)Weighted AveragePage3of10
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