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The production cost of Job J6 was $12,600. Administration costs are charged to jobs at 30% of production cost. The amount charged to the customer

  1. The production cost of Job J6 was $12,600. Administration costs are charged to jobs at 30% of production cost. The amount charged to the customer is calculated to provide a GROSS PROFIT MARGIN of 40%. What is the net profit on Job J6?

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