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It costs Homer's Manufacturing $ 0 . 5 5 to produce baseballs and Homer sells them for $ 9 apiece. Homer pays a sales commission
It costs Homer's Manufacturing $ to produce baseballs and Homer sells them for $ apiece. Homer pays a sales commission of of sales revenue to his sales staff. Homer also pays $ a month rent for his factory and store, and also pays $ a month to his staff in addition to the commissions. Homer sold baseballs in June. If Homer prepares a traditional income statement for the month of June, what would be his gross profit?
A $
B $
C $
D $
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