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Warner company purchased twenty-eight units of a product for $19 each and later purchased fourteen more for 19.50 each. If the company uses the weighted

Warner company purchased twenty-eight units of a product for $19 each and later purchased fourteen more for 19.50 each. If the company uses the weighted average cost flow method, and it sold one unit of the product for $35, its gross margin would be $15.83. TRUE OR FALSE?

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