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Zippy company manufactured 10,000 units in December with a total product cost of $29,409 They had zero finished goods inventory at the start of December.

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Zippy company manufactured 10,000 units in December with a total product cost of $29,409 They had zero finished goods inventory at the start of December. In December Zippy sold 7,554 units at a unit price of $5.54. Period expenses were $4,266. What is the amount of Zippy's gross profit (otherwise know as gross margin).? Round any intermediate calculations to four decimal places

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