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ABC Inc. uses the FIFO perpetual inventory system. Use the following information for the month of July. July 1 Beginning inventory 20 units @ $19

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ABC Inc. uses the FIFO perpetual inventory system. Use the following information for the month of July. July 1 Beginning inventory 20 units @ \$19 per unit The gross profit for the July 18 sale was $1,050$1,020$1,000$2,000

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