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Warner Company purchased thirty-six units of a product for $16 each and later purchased eighteen more for $19.50 each. If the company uses the weighted

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Warner Company purchased thirty-six units of a product for $16 each and later purchased eighteen more for $19.50 each. If the company uses the weighted average cost flow method, and it sold one unit of the product for $40, its gross margin would be $22.83. True or False True False

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