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The inventory records for Raymond Co. reflected the following Beginning Inventory @ May 1 370 units @ $2.20 First Purchase @ May 7 620 units

The inventory records for Raymond Co. reflected the following

Beginning Inventory @ May 1 370 units @ $2.20
First Purchase @ May 7 620 units @ $2.80
Second Purchase @ May 17 560 units @ $2.80
Third Purchase @ May 23 420 units @ $2.70
Sales @ May 31 1,700 units @ $3.10

Determine the amount of gross margin assuming the weighted average cost flow method. (Do not round average cost per unit and round your answer to the nearest whole number.)

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