The inventory records for radford co. reflected the following:
beginning inventory @ may 1 7...
Business, 18.12.2019 03:31 jamarstand
The inventory records for radford co. reflected the following:
beginning inventory @ may 1 700 units @ $3.00
first purchase @ may 7 800 units @ $3.20
second purchase @ may 17 1000 units @ $3.30
third purchase @ may 23 600 units @ $3.40
sales @ may 31 2400 units @ $4.90
1. what is the amount of gross margin assuming the weighted-average inventory cost flow method? (round your intermediate calculations to two decimal places.)
a. $3600
b. $4320
c. $4008
d. $8160
Answers: 3
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