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Business, 24.02.2020 18:45 germaniranda619

Through the mid-December of 2021, purchases were limited to 14,000 units, because the cost had increased to $300 per unit. Wooster sold 18,000 units during 2021 at a price of $400 per unit, which significantly depleted its inventory. Assume that Wooster makes no further purchases during 2021. Wooster uses the LIFO inventory method. Compute Wooster's gross profit for 2021.

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