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Johnny Rockets had the following information at December 31: Finished goods inventory, January 1 $60000 Finished goods inventory, December 31 $26000 If the cost of
Johnny Rockets had the following information at December 31: Finished goods inventory, January 1 $60000 Finished goods inventory, December 31 $26000 If the cost of goods manufactured during the year amounted to $1896000 and annual sales were $2995000, how much is the amount of gross profit for the year
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