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Sunland Company uses a perpetual inventory system. The following information is provided for cost of goods sold and ending inventory under FIFO and weighted average.
Sunland Company uses a perpetual inventory system. The following information is provided for cost of goods sold and ending
inventory under FIFO and weighted average.
a
Assuming units are sold for $ per unit, and the product costs are decreasing, calculate gross profit under FIFO.
Gross profit
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