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Knowles & Foreman Company took the following data from its income statement at the end of the current year: Per-unit product cost Gross margin percentage
Knowles & Foreman Company took the following data from its income statement at the end of the current year: Per-unit product cost Gross margin percentage Selling and administrative expenses Operating income $35 41.20% $30,900 $10,300 How many units were sold during the year? a. 1,500 units b. 1,680 units c. 1,000 units d. 3,333 units
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