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The data shown below was extracted from the records of TODAY company What is the gross profit, using LIFO? Sales Revenue 400 units at $35

The data shown below was extracted from the records of TODAY company What is the gross profit, using LIFO? Sales Revenue 400 units at $35 per unit Beginning Inventory 100 units at $16 per unit Purchases 400 units at $20 per unit $6,000 $7, 600 $8,000 $14,000

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