Using the information below calculate gross profit for the period Sales revenues for

Question

Using the information below, calculate gross profit for the period.

Sales revenues for the period	$1,304,000
Operating expenses for the period	$239,000
Finished Goods Inventory, January 1	36,000
Finished Goods Inventory, December 31	41,000
Cost of goods manufactured for the period	$540,000

A.$774,000.
B.$769,000.
C.$530,000.
D.$535,000.
E.$448,000.

Answer

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