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Beginning inventory @ May 1 2,100 units @ $ 5.80 First purchase @ May 7 2,200 units @ $ 6.00 second purchase @ May 17
| Beginning inventory @ May 1 | 2,100 | units | @ | $ | 5.80 | |
| First purchase @ May 7 | 2,200 | units | @ | $ | 6.00 | |
| second purchase @ May 17 | 2,400 | units | @ | $ | 6.10 | |
| Third purchase @ May 23 | 2,000 | units | @ | $ | 6.20 | |
| Sales @ May 31 | 6,600 | units | @ | $ | 7.70 | |
Determine the amount of gross margin assuming the FIFO cost flow method.
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The Myth Of Measurement Inspection Audit Targets And The Public Sector
Authors: Nick Frost
1st Edition
1529732662, 978-1529732665
