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Jan uses the moving-weighted-average cost method. Yesterday, he had inventory worth $52 (8 units purchased together last week). This morning, he ordered 20 new units
Jan uses the moving-weighted-average cost method. Yesterday, he had inventory worth $52 (8 units purchased together last week). This morning, he ordered 20 new units for $140 total. Assuming a customer is buying ten units for $14 each, what is the gross margin Jan should record on the sale?
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