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Other Fields Homework Help Accounting Topic started by: jerico on Mar 13, 2015



Title: The following information pertains to Max Corporation:Beginning work-in-process inventory$ 20,000End
Post by: jerico on Mar 13, 2015
The following information pertains to Max Corporation:

   Beginning work-in-process inventory   $ 20,000
   Ending work-in-process inventory   23,000
   Beginning finished goods inventory   36,000
   Ending finished goods inventory   34,000
   Cost of goods manufactured   246,000
   Sales   300,000

 What is the gross profit margin earned by the company?
A) $52,000
B) $50,000
C) $48,500
D) $53,500


Title: Re: The following information pertains to Max Corporation:Beginning work-in-process inventory$ 20,00
Post by: cyborg on Mar 20, 2015
Content hidden


Title: Re: The following information pertains to Max Corporation:Beginning work-in-process inventory$ 20,000End
Post by: jerico on Mar 23, 2015
Very happy to know people like you still exist. Really, without your help, I wouldn't understand the content one bit.


Title: Re: The following information pertains to Max Corporation:Beginning work-in-process inventory$ 20,000End
Post by: cyborg on Mar 23, 2015
Sweet, you're welcome.