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For last year, Outlier Ltd. reported revenues of $420 000, cost of goods sold of $108 000, cost of goods manufactured of $101 000, and
For last year, Outlier Ltd. reported revenues of $420 000, cost of goods sold of $108 000, cost of goods manufactured of $101 000, and total operating costs of $70 000. Gross margin for last year was:
A.
$249 000
B.
$319 000
C.
$242 000
D.
$312 000
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