Beavercreek Company sold 14,000 jars of its organic honey in the most current year for $15 per

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Beavercreek Company sold 14,000 jars of its organic honey in the most current year for $15 per jar. The company had paid $10.50 per jar of honey. (Assume that sales returns are nonexistent.) Calculate the following:

1. Sales revenue

2. Cost of goods sold

3. Gross profit

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Financial Accounting

ISBN: 978-0134725987

12th edition

Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.

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