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3. Compute gross margin for March. P6-2B Kamlhani Imports is a furniture distributor that uses the FIFO cost method with its perpetual inventory system. The

3. Compute gross margin for March. P6-2B Kamlhani Imports is a furniture distributor that uses the FIFO cost method with its perpetual inventory system. The following information is for the first item that it is selling

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