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it costsHomer's Manufacturing to produce baseballs and Homer sells them for a piece. Homer pays a sales commission of5% of sales revenue to his sales
it costsHomer's Manufacturing to produce baseballs and Homer sells them for a piece. Homer pays a sales commission of5% of sales revenue to his sales staff. Homer also pays $17,000 a month rent for his factory andstore, and also pays $79,000 a month to his staff in addition to the commissions. Homer sold 72,500 baseballs in June. If Homer prepares a traditional income statement for the month ofJune, what would be his grossprofit?
A.$362,500
B.$47,125
C.$315,375
D.$ 409625
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