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Iactory uunities, $25,000, a factory equipment depreciation, pos,vUU. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for
Iactory uunities, $25,000, a factory equipment depreciation, pos,vUU. d. Predetermined overhead rate is 50% of direct labor cost. e. Job 306 is sold for $640,000 cash in April. 5-a. Compute gross profit for April. 5-b. Show how the three inventory accounts are reported on the April 30 balance sheet. Complete this question by entering your answers in the tabs below. Req 5A Req 5B Compute gross profit for April. Gross profit
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