Zeke Company is a manufacturing company that has worked on several production jobs during the 1st quarter of the year. Below is a list of all the jobs for the quarter:
Job 356, 357, 358 & 359 were completed. Jobs 356 & 357 were sold at a profit of $500 on each job.
What is Gross Margin for Zeke Company as of the end of the 1st quarter?
A) $1,685
B) $2,685
C) $1,000
D) $685
Correct Answer:
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