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Mason Company reported the following items for the month of July: Sales revenue $6,000,000 Beginning inventory $66,100 Ending inventory $75,900 Gross Profit Percentage 65% The
Mason Company reported the following items for the month of July:
| Sales revenue | $6,000,000 | ||
| Beginning inventory | $66,100 | Ending inventory | $75,900 |
| Gross Profit Percentage | 65% |
The dollar amount of gross profit is:
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Accounting Principles Volume 1
Authors: Jerry A. Weygandt, Paul D. Kimmel, Donald E. Kieso
11th Edition
1118751752, 978-1118751756
