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The Bradley Corporation produces a product with the following costs as of July 1, 20X1 Material Labor Overhead 54 per unit 2 per unit 2

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The Bradley Corporation produces a product with the following costs as of July 1, 20X1 Material Labor Overhead 54 per unit 2 per unit 2 per unit Beginning inventory at these costs on July 1 was 3,900 units. From July 1 to December 1, 20X1, Bradley produced 13,800 units. These units had a material cost of $5, labor of $6, and overhead of $4 per unit. Bradley uses LIFO inventory accounting a. Assuming that Bradey sold 16,600 units during the last six months of the year at $20 each, what is ts gross proft? Gross proft b. What is the value of ending inventory? Ending inventory

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