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The Following Information Was Taken from the Inventory Records of Penelope

Question 82

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The following information was taken from the inventory records of Penelope Ltd.: The following information was taken from the inventory records of Penelope Ltd.: What would be the gross margin, assuming that the weighted-average method is used in a periodic inventory system? A) $310 B) $875 C) $935 D) $1,810 What would be the gross margin, assuming that the weighted-average method is used in a periodic inventory system?


A) $310
B) $875
C) $935
D) $1,810

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