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What the gross margin for the month of august is

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Reference no: EM132842545

Citerion Company has the following items in its inventory on August 1.

Serial Number - Cost

6X6A1 - $ 10,300

6Y6M5 - 11,100

6B6D8 - 9,500

6R7R5 - 14,000

Problem 1: The company uses the? specific-unit-cost method for costing inventory. During? August, it sold units 6X6A1 and 6B6D8 for ?$15,000 each and purchased unit 6A7M6 for ?$27,000. Calculate the gross margin for the month of August.

Reference no: EM132842545

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