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heintzelmanvp6ir6d
heintzelmanvp6ir6d
28.06.2019 • 
Business

Stubbs company uses the perpetual inventory method. on january 1, year 1, stubbs purchased 800 units of inventory that cost $6.00 each. on january 10, year 1, the company purchased an additional 600 units of inventory that cost $4.25 each. if stubbs uses a weighted average cost flow method and sells 1,200 units of inventory for $12.00 each, the amount of gross margin reported on the income statement will be: (round your intermediate calculations to two decimal places.)

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