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Question 23 A company using perpetual LIFO has the following data for August: Beginning inventory: 150 units purchased on January 1 for $10 each, and

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Question 23 A company using perpetual LIFO has the following data for August: Beginning inventory: 150 units purchased on January 1 for $10 each, and 200 units purchased on July 15 for $12 each August 2: Sale of 80 units for $25 each August 5: Purchase of 100 units for $13 each . What is the company's gross profit for the sale on August 2

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