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From the Information below, find closing Stock, Gross profit and net profit if expenses are $560 using LIFO and Weighted Average January 2 Purchased 40
From the Information below, find closing Stock, Gross profit and net profit if expenses are $560 using LIFO and Weighted Average
January 2 Purchased 40 Units $20 each
January 3 Sold 18 Units $30 each
February 4 Purchased 20 Units $25 each
March 2 Sold 20 Units $32 each
April 5 Sold 6 units $33 each
May 2 Purchased 7 units $22 each
May 5 Sold 10 units $33 each
May 6 sold 2 units $ 34 each
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