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18 1/2 htteillumook.com/TPARKA Photo Swifty Industries had the following inventory transactions occur during 2020: Units Cost/unit 2/1/20 Purchase 57 $47 2/31 3/14/20 Purchase 93
18 1/2 htteillumook.com/TPARKA Photo Swifty Industries had the following inventory transactions occur during 2020: Units Cost/unit 2/1/20 Purchase 57 $47 2/31 3/14/20 Purchase 93 $41 5/1/20 Purchase 67 $53 2/18 1/11 0/B EC 88 Open with Preview The company sold 153 units at $70 each and has a tax rate of 30%. Assuming that a periodic inventory system is used, what is the company's gross profit using FIFO? (rounded to whole dollars) O $3633 $7077 O $4059 O $6651 $4500 $4455 $4200 -/2 E Submit Answer
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