The inventory records for Radford Co. reflected the following: Beginning inventory @ May 1 First purchase @ May 7 Second purchase @ May 17 Third purchase @ May 23 Sales @ May 31 600 units @ $2.80 700 units @ $3.00 900 units @ $3.10 500 units @ $3.20 2,100 units @ $4.70 What is the amount of gross margin assuming the FIFO cost flow method? Multiple Choice O $3,610 $6,363 $3,380 CONNECT-ACCOUNTING Netflix et Homeworki do with Saved Help Save & Second purchase e May 17 Third purchase May 23 Sales May 31 900 units @ $3.10 500 units $3.20 2,100 units $4.70 What is the amount of gross margin assuming the FIFO cost flow method? Multiple Choice o $3,610 o o Prev 9 of 32 Next >