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Shipman, Inc has 7 units in inventory on December 31. The unis were purchased in November for $190each The price sts from supplrs indicate the
Shipman, Inc has 7 units in inventory on December 31. The unis were purchased in November for $190each The price sts from supplrs indicate the cumart replacement cost of the tom to be $186 each. What is the efflect on gross profit if Shipman values its ending mechandise inventory using the OA The goss pr would decrease by$28 Do OB The gross prolit would not be affected C The gross prallt wouild increase by S4 O D. The gross profit would increase by $28 seect your MacBook Air 0 command option
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