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The inventory records for Radford Co. reflected the following Beginning inventory May 1 First purchase May 7 second purchase e May 17 Third purchase @

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The inventory records for Radford Co. reflected the following Beginning inventory May 1 First purchase May 7 second purchase e May 17 Third purchase @ May 23 Sales May 31 900 units e $3.40 1,000 units @ $3.60 1,200 units $3.70 800 units e$3.80 3,000 units @ $5.30 Determine the amount of gross margin assuming the weighted average cost flow method. (Round your intermediate calculations to 2 decimal places.) Multiple Choice () $11.400 O $6,600 $5,010 0 $4,500 9 50 ! Next >

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