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ABB manufacturer had an initial inventory of 5 0 0 units, each costing $ 5 . Throughout the first month, they procured an additional 3
ABB manufacturer had an initial inventory of units, each costing $ Throughout the first month, they procured an additional units at $ per unit, and in February, they purchased more units at a cost of $ each. Come March, no further inventory was acquired, but units were sold.Under the LIFO LastInFirstOut inventory method, what is the gross profit for this period, given that each unit was sold at a price of $O a $O b none of the aboveO c $O d $
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