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Acompany just starting in business purchased three merchandise inventory items at the following prices. March 2, 5180; March 7. $190, and March 15, $210. If

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Acompany just starting in business purchased three merchandise inventory items at the following prices. March 2, 5180; March 7. $190, and March 15, $210. If the company sold two units for $370 cach on March 10, and used the FIFO cost formula in a perpetual inventory system, the gross profit for March would be $530 $370. $210 $180

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