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Acct question purchased inventory as follows: - 540 units at $6 - 810 units at $7 The company sold 1350 units during the month for
Acct question
purchased inventory as follows: - 540 units at $6 - 810 units at $7 The company sold 1350 units during the month for $11 per unit. Metlock, Inc. uses the average cost method. Metlock, Inc.'s gross profit for the month of May is (Round average cost per unit to 2 decimal places, e.g. 12.52.) $6075.$10530.$14850.$8775Step by Step Solution
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