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Windsor, Inc. had the following inventory transactions occur during 2022: Units Cost/unit Feb. 1, 2022 Purchase 93 $39 Mar. 14, 2022 Purchase 160 $40 May
Windsor, Inc. had the following inventory transactions occur during 2022: Units Cost/unit Feb. 1, 2022 Purchase 93 $39 Mar. 14, 2022 Purchase 160 $40 May 1, 2022 Purchase 114 $42 The company sold 263 units at $54 each and has a tax rate of 30%. Assuming that a periodic inventory system is used, what is the company's gross profit using LIFO? $10447 $10748 $3755 $3454
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