Current Attempt in Progress-/1Saddlery Company sells leather saddles and equipment for horse enthusiasts. Saddlery uses...
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Accounting
Current Attempt in ProgressSaddlery Company sells leather saddles and equipment for horse enthusiasts. Saddlery uses the perpetual inventory system. The following schedule relates to the company's inventory for the month of May:CostSalesMay Beginning inventory units$Sale units$Purchase units$Purchase units$Sale units$Sale units$Purchase units$Calculate Saddlery Company's cost of goods sold, gross margin, and ending inventory using FIFOCost of goods soldGross marginEnding Inventory$$$e Textbook and MediaSearch
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