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On May 1 , 2 0 x 6 , JT Engineering had beginning inventory consisting of 2 0 0 units with a unit cost of
On May x JT Engineering had beginning inventory consisting of units with a unit cost of $ During May, the company purchased inventory as follows:
units at $
units at $
The company sold units during the month for $ per unit. If JT uses the average cost method, what is the gross profit for May?
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$
$
$
$
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