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Required 1 Required 2 what is the total error in combined net income for the three-year period resulting from the iniurentorg.r errors? < Required 1.
What is the total error in combined net income for the three-year period resulting from the inventory errors? Complete this question by entering your answers in the tabs below. and [air above-prepare a table to show the adjustments necessary to correct theĢ. For each key financial statement figure-la]. it had made the following errors: Year 1 ending inventory is understated by $65,000 and Year 2 ending inventory is The company recentlyr discovered that in making physical counts of inventory. For specific identication, the March 9 sale consisted of 80 units from beginning inventory and 340 units from the March 5 purchase the March 29 sale consisted of 40 units from the March 18 purchase and 120 units from the March 25 purchase: (Round weighted average cost per unit to two decimals and final answers to nearest whole dollar.Navajo Company's year-end financial statements show the following. Compute gross profit earned by the company for each of the four costing methods.
It entered into the following purchases and sales transactions for March. Required information Warnerwoods Company uses a perpetual inventory system. Compute the number of units in ending inventory. It entered into the following purchases and saies transactions for March. Compute cost of goods available for sale and the number of units avaliable for sale. It entered into the following purchases and sales transactions foe March Required: 1. Required information The following information applies to the questions displayed betow, Warnerwoods Company uses a perpetual inventory system.
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