Question: answer is either 1. 2920 2. 3420 3. 3000 4. 4020 The inventory records for Radford Co. reflected the following Beginning inventory@ May 1 First

answer is either

1. 2920

2. 3420

3. 3000

4. 4020

answer is either 1. 2920 2. 3420 3. 3000 4. 4020 The

The inventory records for Radford Co. reflected the following Beginning inventory@ May 1 First purchase@ May 7 second purchase @ May 17 Third purchase @May 23 Sales@ May 31 160 units $4.00 300 units@ $4.40 500 units @ $4.60 100 units@ $4.80 980 units@ $7.80 Determine the amount of gross margin assuming the FIFO cost flow method

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