A company just starting in business purchased three merchandise inventory items at the following prices:...
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A company just starting in business purchased three merchandise inventory items at the following prices: first purchase $; second purchase $; and third purchase $ If the company sold two units for a total of $ and used FIFO costing, the gross profit for the period would be $ $ $ $ 
A company just starting in business purchased three merchandise inventory items at the following prices: first purchase $; second
purchase $; and third purchase $ If the company sold two units for a total of $ and used FIFO costing, the gross profit for the
period would be
$
$
$
$
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