2 Problem 4.15 Gross profit and ending inventory (L04-2] 10 points The Bradley Corporation produces a product with the f

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2 Problem 4 15 Gross Profit And Ending Inventory L04 2 10 Points The Bradley Corporation Produces A Product With The F 1 (25 KiB) Viewed 33 times

2 Problem 4.15 Gross profit and ending inventory (L04-2] 10 points The Bradley Corporation produces a product with the following costs as of July 1 20X1 Material Labor Overhead 31 per unit 3 per unit 2. per unit ebook Hint Beginning inventory at these costs on July 1 was 3.300 units. From July 1 to December 1, 20x1, Bradley Corporation produced 12,600 units. These units had a material cost of $5, labor of S6, and overhead of S4 per unit. Bradley uses LIFO inventory accounting o. Assuming that Bradley Corporation sold 14.200 units during the last six months of the year at $20 each what is its gross profit? Gross profil References b. What is the value of ending inventory? Ending Inventory