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Determine the gross profit using the periodic inventory system and the LIFO inventory method, assuming that 19 units were sold at a sales price of

Determine the gross profit using the periodic inventory system and the LIFO inventory method, assuming that 19 units were sold at a sales price of $17. Units 7 12 7 26 Date June 1 June 12 June 18 Item Beginning inventory Purchase Purchase Totals a. $182 b. $140 c. $183 d. $173 Cost $6 7 8 Total $42 84 56 $182
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Determine the gross profit using the periodic inventory system and the LIFO inventory method, assuming that 19 units were sold at a sales price of $17. a. $182 b. $140 c. $183 d. $173

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