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Current Attempt in Progress Swifty Corporation had the following inventory transactions occur during 2022: Units Cost/unit Feb. 1, 2022 h Purchase 82 $34 Mar. 14,
Current Attempt in Progress Swifty Corporation had the following inventory transactions occur during 2022: Units Cost/unit Feb. 1, 2022 h Purchase 82 $34 Mar. 14, 2022 Purchase 141 $36 May 1, 2022 Purchase 100 $37 The company sold 233 units at $48 each and has a tax rate of 30%. Assuming that a periodic inventory system is used, what is the company's gross profit using FIFO? $2696 $2950 $8488 $8234
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