Required information The inventory records for Raymond Co. reflected the following Beginning Inventory May 270 units $1.20 First Purchase @May 7 420 units @ $1.80 | Second Purchase @ May 17 460 units @ $1.80 Third Purchase @ May 23 220 units @ $1.90 1.200 units @ $2.10 Sales @ May 31 Determine the amount of gross margin assuming the weighted average cost flow method. (Do not round average cost per unit and round your answer to the nearest whole number) Multiole Choice