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Gemini had Sales of $ 5 0 , 0 0 0 , Unadjusted Cost of goods sold of $ 2 3 , 0 0 0

Gemini had Sales of $50,000, Unadjusted Cost of goods sold of $23,000, Overapplied Manufacturing Overhead of $3,000, and Selling and administrative expenses of $25,000. Calculate gross profit.

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