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Question 25 6 pts . Inventory purchase and sales data for DQB Company are as follows. Note: there was no inventory before the purchase made
Question 25 6 pts . Inventory purchase and sales data for DQB Company are as follows. Note: there was no inventory before the purchase made on January 1. Purchased on January 1 --400units, $9 cost per unit Purchased on January 16-800 units, $10 cost per unit Purchased on January 25-300 units, $8 cost per unit Sold on January 31-538 units, $15 selling price per unit DQB uses AVERAGE COST. Compute GROSS PROFIT for January. (Round to the closest solution) O $5,021 O $3.470 O $8.979 $3,050 O $3,290 O $4,842
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