A manufacturing company adds a factory profit of 25% to its cost of production. The following information
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A manufacturing company adds a factory profit of 25% to its cost of production. The following information is available:
How much will be credited as factory profit in the Profit and Loss Account for the year ended 31 March 2004?
A. $67 500
B. $69 000
C. $70 500
D. $71 500
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