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Help Save & A company completed the following transactions in the order given in its first year of operations: Transaction Units Unit Costs Purchase 300

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Help Save & A company completed the following transactions in the order given in its first year of operations: Transaction Units Unit Costs Purchase 300 $4.00 Purchase 200 4.20 Sales (@ $8.00) 280 Purchase 400 4.40 Sales (@ $8.00) 360 Using the weighted-average inventory cost method (rounding each calculation to the nearest cent) the gross margin would be

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