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Assume a company purchase a unit on June 5 for $10, on June 10 for $9 and on June 15 for $20. What is the
Assume a company purchase a unit on June 5 for $10, on June 10 for $9 and on June 15 for $20. What is the gross profit when they sell one unit on June 25 for $25 and the company use Last-In, Last-Out?
Select one:
a. $12
b. $5
c. $16
d. $15
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