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CPP uses the periodic inventory system. During its first month of operations, CPP made the following purchases. Sales for the month total 270 units $5200/
CPP uses the periodic inventory system. During its first month of operations, CPP made the following purchases. Sales for the month total 270 units $5200/ unit leaving 10 units an hand at the end of the month. What is the gross profit for March astuming CPP uses FIFO method? [Do not put 5 in your answer)
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