Calculate costs of goods sold and gross profit. (Obj. 7). The following amounts relate to the Micro-Disk

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Calculate costs of goods sold and gross profit. (Obj. 7). The following amounts relate to the Micro-Disk Corporation:

Finished Goods Inventory, April 1, 19X9 $ 88,840 Finished Goods Inventory, April 30, 19X9 82,129 Cost of Goods Manufactured 1 13.705 Net Sales 157,943

a. Calculate the cost of goods sold.

b. Calculate the gross profit on sales.

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Cost Accounting Principles And Applications

ISBN: 9780028034287

6th Edition

Authors: Horace R. Brock, Linda Herrington

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Question Posted: Jul 18, 2024 10:00 AM

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Calculate costs of goods sold and gross profit. (Obj. 7). The following amounts relate to the Micro-Disk

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Cost Accounting Principles And Applications

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