The weighted-average cost method is used by Jose, Inc. Sales are $240,000, the number of units available for sale is 100, the number of units sold during the period is 75, and the weighted-average cost of the goods available for sale is $600 each.
How much is gross profit for the company?
A) $ 30,000
B) $ 45,000
C) $ 60,000
D) $195,000
Correct Answer:
Verified
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