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Homework answers / question archive /  Given the following data, what is the gross profit as determined under the FIFO method if ZYZ's Hair Supplies sold 100 bottles of shampoo for $19 per bottle? Information Unit Cost Number of Units Beginning Inventory on 1/1 50 $6 Inventory Purchases on 1/5 80 $10 Fill in the blank with your calculated number

 Given the following data, what is the gross profit as determined under the FIFO method if ZYZ's Hair Supplies sold 100 bottles of shampoo for $19 per bottle? Information Unit Cost Number of Units Beginning Inventory on 1/1 50 $6 Inventory Purchases on 1/5 80 $10 Fill in the blank with your calculated number

Accounting

 Given the following data, what is the gross profit as determined under the FIFO method if ZYZ's Hair Supplies sold 100 bottles of shampoo for $19 per bottle? Information Unit Cost Number of Units Beginning Inventory on 1/1 50 $6 Inventory Purchases on 1/5 80 $10 Fill in the blank with your calculated number. DO NOT include commas, $ signs, period, decimal points, etc., just enter the raw number. Webcourses will add commas to your answer automatically. For example, if you calculated the answer to be $24,123, you would only input: 24123

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