Pederson Company reported the following: $\begin{array}{ll}
\text { Manufacturing costs } & \$ 2,000,000 \
\text { Units manufactured } & 50,000 \
\text { Units sold } & 47,000 \text { units sold for } \$ 75 \text { per unit } \
\text { Beginning inventory } & 0 \text { units }
\end{array}$ What is the amount of gross profit margin?
A) $1,750,000
B) $3,525,000
C) $5,405,000
D) $1,645,000

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The Answer of Pederson Company reported the following: $\begin{array}{ll}
\text { Manufacturing costs } & \$ 2,000,000 \
\text { Units manufactured } & 50,000 \
\text { Units sold } & 47,000 \text { units sold for } \$ 75 \text { per unit } \
\text { Beginning inventory } & 0 \text { units }
\end{array}$ What is the amount of gross profit margin?
A) $1,750,000
B) $3,525,000
C) $5,405,000
D) $1,645,000

Pederson Company Reported the Following What Is the Amount of Gross Profit Margin? A) $1,750,000

Pederson Company Reported the Following What Is the Amount of Gross Profit Margin?
A) $1,750,000