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The inventory records for Radford Co. reflected the following Beginning inventory @ May 1 1,800 units @ $ 5.20 First purchase @ May 7 1,900
The inventory records for Radford Co. reflected the following
| Beginning inventory @ May 1 | 1,800 | units | @ | $ | 5.20 | |
| First purchase @ May 7 | 1,900 | units | @ | $ | 5.40 | |
| second purchase @ May 17 | 2,100 | units | @ | $ | 5.50 | |
| Third purchase @ May 23 | 1,700 | units | @ | $ | 5.60 | |
| Sales @ May 31 | 5,700 | units | @ | $ | 7.10 | |
Determine the amount of gross margin assuming the weighted average cost flow method
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