Business, 29.06.2021 18:30 Kingdcn6261

10 Beginning inventory at these costs on July 1 was 8,500 units. From July 1 to December 1, Convey produced 21,000 units. These unit had a material cost of $10 per unit. The costs for labor and overhead were the same. Convex uses FIFO inventory accounting a. Assuming that Convex sold 23,000 units during the last six months of the year at $20 each, what would gross profit be? 33 ints Gross profit 187,500 BOO% References b. What is the value of ending inventory? Ending inventory

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10 Beginning inventory at these costs on July 1 was 8,500 units. From July 1 to December 1, Convey p...

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