The following cost information is provided to you pertaining to ABC Inc's most Beginning inventory for Finished Goods Ending inventory for Finished Goods Cost of Goods Manufactured during the period $0 $200,000 $600,000 ABC had sales of $1,000,000 during its most recent accounting period. Assuming overhead, what was ABC's gross profit percentage for its most recent accounting Select one: a. 60% b. 40% c. 100% O d. 50%