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A company has the following: Units Cost per unit Dec. 1 , Beginning balance 4 0 $ 4 2 Dec. 1 4 , Purchase 6
A company has the following:
Units Cost per unit
Dec. Beginning balance $
Dec. Purchase $
Dec. Purchase $
The company sold units at $ each on December The company's tax rate is Operating expenses are $ The company uses the perpetual inventory system. What is the companys gross profit using LIFO?
Group of answer choices
$
$
$
$
$
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