accounting queston 3

Accounting
Tutor: None Selected Time limit: 1 Day

i am stuck on the following problem. here is a pic of the problem

http://imgur.com/yiJJEft

please include all work/how you got the answer. it will help me with future problems

thanks in advance

Feb 15th, 2015

Gross Margin = $40-$20 = $20

SInce LIFO used cost is $20


Feb 15th, 2015

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Feb 15th, 2015
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Feb 15th, 2015
Dec 6th, 2016
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