What is the amount of gross margin

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Question - The inventory records for Radford Co. reflected the following:

Beginning inventory @ May 11000 units @ $3.60

First purchase @ May 71100 units @ $3.80

Second purchase @ May 171300 units @ $3.90

Third purchase @ May 23900 units @ $4.00

Sales @ May 313300 units @ $5.50

What is the amount of gross margin assuming the weighted-average inventory cost flow method?

Reference no: EM132742149

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