Use the last-in, first-out (LIFO) cost allocation method, with perpetual inventory updating, to calculate (a) sales revenue, (b) cost of goods sold, and c) gross margin for A75 Company, considering the following transactions.                                                                     Number of units         unit cost Beginning inventory                                           105                           $40 Purchased March 2                                             150                             42 Sold march 21. 31 for 75 dollars spent                88

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A:

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A:

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