Question: Hi could someone help me solve this in a simple way, thank you! Question 2 (3 points) ABC. Ltd. uses a perpetual inventory system and
Hi could someone help me solve this in a simple way, thank you!

Question 2 (3 points) ABC. Ltd. uses a perpetual inventory system and the weighted average cost method. The following represents complete information on inventory transactions for ABC. Ltd. for the year: January 1: Opening inventory 8000 units at $ 9 per unit June 1: Purchased 5000 units at $ 6 per unit August 1: Purchased 6000 units at $ 7 per unit October 1: Sold 8000 units at $ 24 per unit Calculate the gross profit (margin) for the year. dollar. Round your answer to the nearest Your
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