The following cost information is provided to you pertaining to ABC Inc's most recent accounting period: 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 that there was no over or under-allocated overhead, what was ABCS gross profit percentage for its most recent accounting period? Select one: O a. 40% O b. 60% O c. 50% O d. 100%