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Determine the gross profit for the month of May using Lifo Cost method Boxwood Company sells blankets for $60 esch. The following information was taken

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Boxwood Company sells blankets for $60 esch. The following information was taken from the iaventory records durtig May, The eompany had na begining invertary on May 1. Boxwood uses a perpetual inventory system. Determine the gross profit for the month of May using the UFO costing method. 4. 5348 b. sint c. 5356 d. 5451

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