Question: Lakeshore Manufacturing provided the following information for the month ended March 31 Sales Revenue $31,000 Beginning Finished Goods Inventory 15,000 Finished Goods Inventory 8,500 Cost

Lakeshore Manufacturing provided the following information for the month ended March 31

Sales Revenue $31,000

Beginning Finished Goods Inventory 15,000

Finished Goods Inventory 8,500

Cost of Goods Manufactured 20,000

Compute gross profit.

A $1,900

B. 310,400

C. $3,900

D. $16,900

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Question: Lakeshore Manufacturing provided the following information for the month ended March 31 Sales Revenue $31,000 Beginning Finished Goods Inventory 15,000 Finished Goods Inventory 8,500 Cost

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