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Calculate gross profit for the period

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Reference no: EM133022977

Question - Using the information below, calculate gross profit for the period:

Sales revenues for the period$1,304,000

Operating expenses for the period 239,000

Finished Goods Inventory, January 1 36,000

Finished Goods Inventory, December 31 41,000

Cost of goods manufactured for the period 540,000

Reference no: EM133022977

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