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HELP I HAVE A SHORT AMOUNT OF TIME TO ANSWER!!! PLEASE HELP I HAVE OTHER QUESTIONS POSTED!! image text in transcribed
Remaining Time: 1 hour, 06 minutes, 05 seconds. Question Completion Status: QUESTION 2 3.33 A company sells 1,050 units during the first quarter of the year at a selling price of $20 per unit. In addition, the company has a beginning inventory of 600 units that were purchased at $10 per unit, and the following purchases and sales. Date Units sold Units purchased Cost per unit 300 $11 Jan 10 Jan 25 500 400 $12 Feb 7 Feb 14 Mar 5 Mar 27 250 300 650 $14 What is the company's gross profit if it uses a perpetual inventory system and the LIFO method? a $10,600 b. $9.400 OC. $11,600 d. $13.700 Oe. $11,100 Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answe 11 80 DOD CDB 4 F F7 FB 59 $ 4 % 5 & 7 6 3 8 ON 8 0 F R. T Y U 0

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