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During 2025. Novak Furniture Company purchases a carload of witker chairs. The manufacturer sells the chairs to Novak for a lump wum of $179.550 because

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During 2025. Novak Furniture Company purchases a carload of witker chairs. The manufacturer sells the chairs to Novak for a lump wum of $179.550 because it is discontinuing macufacturing operations and wishes to dispose of its entire stock. Three types of chairs are included in the carload. The three types and the estimated selling price for eachare listed below. During 2025, Novak selis 600 lounge chairs, 300 armchairs, and 360 straight ehairs (a) Whas is the ampount at eross prolit fealued during 20257 . Round cost per chair to 2 decinal ploces, es. 7u.25 and final antwer to 0 decinal ploces, el. 5.845. Gross profit realized during 2025

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