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Mastermind is a chemical company that maintains a perpetual inventory system and utilizes the weighted average method. Mastermind provides the following information regarding the first
Mastermind is a chemical company that maintains a perpetual inventory system and utilizes the weighted average method. Mastermind provides the following information regarding the first two weeks of March:
Consider the March 15th sale of 735 gallons and select the answer below that shows the gross profit that will be reported by the company for this single sale. Rounding: do not round your intermediate calculations but do round your final gross profit to the nearest $1.
A. | $10,862 | |
B. | $10,847 | |
C. | $10,875 | |
D. | $10,901 | |
E. | $11,135 |
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