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Table 6-5
Assume the Following Data for Kruger Sales for November

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Table 6-5
Assume the following data for Kruger Sales for November 2019:  Beginning inventory Nov. 15 units at $90 each  Sale Nov. 33 units at $120 each  Nov. 6 purchase 11 units at $95 each  Sale Nov. 84 units at $120 each  Sale Nov. 93 units at $120 each \begin{array}{ll}\text { Beginning inventory Nov. } 1 & 5 \text { units at } \$ 90 \text { each } \\\text { Sale Nov. } 3 & 3 \text { units at } \$ 120 \text { each } \\\text { Nov. } 6 \text { purchase } & 11 \text { units at } \$ 95 \text { each } \\\text { Sale Nov. } 8 & 4 \text { units at } \$ 120 \text { each } \\\text { Sale Nov. } 9 & 3 \text { units at } \$ 120 \text { each }\end{array}
On November 30, a physical count reveals 6 units on hand.
-Refer to Table 6-5. Calculate gross margin for Kruger Sales assuming the weighted-average cost method is being used and a periodic inventory system.


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