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At May 1, 2022, Nash's Trading Post, LLC had beginning inventory consisting of 220 units with a unit cost of $5. During May, the company purchased inventory as follows:
â–ª 440 units at $5
â–ª 670 units at $6
The company sold 1110 units during the month for $11 per unit. Nash's Trading Post uses the average cost method.
Nash's Trading Post's gross profit for the month of May is .
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At May 1, 2022, Nash's Trading Post, LLC had beginning inventory consisting of 220 units with a unit...
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