Question: a. $ 348 b. $452 c. $444 d. $356 Use the information below to answer the following questions The Boxwood Company sells blankets for $60

a. $ 348 b. $452 c. $444 d. $356 Use the

a. $ 348

b. $452

$444

$356

Use the information below to answer the following questions The Boxwood Company sells blankets for $60 each. The following was taken from the inventory records during May. The company had no beginning inventory on May 1 Date Blankets Units Cost May 3 Purchase S20 Sale 17 Purchase 10 S24 20 Sale 23 Sale 30 Purchase 10 S30 Assuming that the company uses the perpetual inventory system, determine the gross profit for the month of May using the LIFO cost method

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