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What is the gross profit using the lifo method

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Reference no: EM132917865

Question - The following data was extracted from the records of Today Company:

Sales revenue 600 units at $45 per unit

Beginning inventory 110 units at $24 per unit

Purchases 600 units at $35 per unit

Required - What is the gross profit using the LIFO method?

Reference no: EM132917865

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