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Not to confident about my answer. Check my work Beginning Inventory May 1 First purchase Hay 7 second purchaseo May 17 Third purchase 9 May

image text in transcribed Not to confident about my answer.
Check my work Beginning Inventory May 1 First purchase Hay 7 second purchaseo May 17 Third purchase 9 May 23 satesa May 31 100 units $4.00 300 units 54.40 se units $4.60 100 units @ $4.80 900 units 37.80 TB MC Qu. 05-44 What is the amount of gross margin assuming... What is the amount of gross margin assuming the FIFO cost flow method? Multiple Choice $2.920 $3,420 $3.000 $4,020

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