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Barger-Volvov Company Had the Following Information at December 31, 2012

Question 112

Multiple Choice

Barger-Volvov Company had the following information at December 31, 2012: Barger-Volvov Company had the following information at December 31, 2012: If the cost of goods manufactured during the year amounted to $332,500 and annual sales were $499,000, how much is the amount of gross profit for the year? A) $166,500 B) $151,500 C) $326,500 D) $172,500 If the cost of goods manufactured during the year amounted to $332,500 and annual sales were $499,000, how much is the amount of gross profit for the year?


A) $166,500
B) $151,500
C) $326,500
D) $172,500

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