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View Full Version : Cost of goods sold and gross profit


sunfiregirl
Mar 29, 2008, 12:21 PM
Need help computing cost of goods sold and gross profit under FIFO, LIFO, Average cost. Beginning inventory 20 rolls @ $200, Purchase 8 rolls @ 300, Sale 15 rolls @ 500.

CaptainForest
Mar 29, 2008, 04:21 PM
Ok.

Please make an attempt.

Then we will assist you.