The inventory records for Radford Company reflected the following Beginning inventory on May 1 First...
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Accounting
The inventory records for Radford Company reflected the following Beginning inventory on May 1 First purchase on May 7 Second purchase on May 17 Third purchase on May 23 Sale on May 31 1,600 units @ $4.80 1,700 units @ $5.00 1,900 units e $5.10 1,500 units @ $5.20 5, 100 units @ $6.70 What is the amount of gross margin assuming the FIFO cost flow method is used? Multiple Choice $25,360 $9,690
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