Question: MC Qu. 171 Using the information below... Using the information below, calculate gross profit for the period. Sales revenues for the period $ 1,394,000 Operating

MC Qu. 171 Using the information below...

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

Sales revenues for the period $ 1,394,000
Operating expenses for the period 248,000
Finished Goods Inventory, January 1 36,900
Finished Goods Inventory, December 31 41,900
Cost of goods manufactured for the period 585,000

Multiple Choice

  • $819,000.

  • $814,000.

  • $575,000.

  • $580,000.

  • $482,200.

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