Picton Furniture's Dining Department sold 372 units at an average price of $1,278 each. Sales expenses accounted for $125,000, Distribution expenses totaled $24,500 and Administration expenses totaled $13,500. It costs Picton an average of $695 to manufacture each unit. What was Picton's gross profit?

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The Answer of Picton Furniture's Dining Department sold 372 units at an average price of $1,278 each. Sales expenses accounted for $125,000, Distribution expenses totaled $24,500 and Administration expenses totaled $13,500. It costs Picton an average of $695 to manufacture each unit. What was Picton's gross profit?

Picton Furniture's Dining Department Sold 372 Units at an Average