A company had the following balances: . Sales $200,000 e Cost of Goods Manufactured $175,000...
70.2K
Verified Solution
Link Copied!
Question
Accounting
A company had the following balances: . Sales $200,000 e Cost of Goods Manufactured $175,000 . Cost of Goods Sold $130,000 . Selling Expense $28,000 . General and Admin Expenses $30,000 . Direct Labor $60,000 How much was gross profit? (Remember you can email me your calculation ossible partial credit)
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
