Question: MJH company had the following data: 1.) Sales $2160000 2.) cost of goods sold $1123200 3.) selling expense-$180000 4.) Administrative expense_$144,000. On a piece of

MJH company had the following data:


1.) Sales $2160000 


2.) cost of goods sold $1123200 


3.) selling expense-$180000 


4.) Administrative expense_$144,000. 


On a piece of scrap paper do an absorption costing income statement. What is gross profit?


$324,000 


$712,800


$1036800 


$576,000

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