Question: 35 2 points 03:34:36 TB MC Qu. 05-37 (Static) The following information was drawn... The following information was drawn from the inventory records of Alpha

35 2 points 03:34:36 TB MC Qu. 05-37 (Static) The following information was drawn... The following information was drawn from the inventory records of Alpha Company as of December 31, Year 2 Beginning inventory (purchased in Year 1) Purchases made in Year 2 Units Sold 200 Units @ $4 each 800 Units @ $7 each 900 Units @ $11 each Which of the following is the amount of gross margin on the Year 2 income statement assuming Alpha uses a LIFO cost flow method?

TB MC Qu. 05-37 (Static) The following information was drawn... The following information was drawn from the inventory records of Alpha Company as of December 3 t vear 2. 8 p u Which of the following is the amount of pross margin on the Year 2 income statement assuming Aloha uses a Lfo cost flow method

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