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Question 24 The following data was extracted from the records of Winsam Company: Sales revenue 350 units @ $25 per unit Beginning inventory 150

Question 24 The following data was extracted from the records of Winsam Company: Sales revenue 350 units @ $25 per unit Beginning inventory 150 units at $15 per unit Purchases 500 units at $18 per unit What is the gross profit using the FIFO method? Answer: $ 4 pts

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