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Wildhorse Co. had the following inventory transactions occur during 2022: Units Cost/unit Feb. 1.2022 Purchase 97 $97 Mar. 14.2022 Purchase 167 $102 May 1, 2022

Wildhorse Co. had the following inventory transactions occur during 2022: Units Cost/unit Feb. 1.2022 Purchase 97 $97 Mar. 14.2022 Purchase 167 $102 May 1, 2022 Purchase 119 $106 The company sold 275 units at $136 each and has a tax rate of 30%, Assuming that a periodic Inventory system is used what is the company's gross profit using FIFO? $28526 527609 $9791

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