The company has $100,000 in inventory and expects to sell 10,000 units of a product. The cost

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The company has $100,000 in inventory and expects to sell 10,000 units of a product. The cost per unit is $6 and the selling price per unit is $10. What is the gross profit margin for the product?

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Advanced Accounting

ISBN: 978-0538480284

11th edition

Authors: Paul M. Fischer, William J. Tayler, Rita H. Cheng

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Posted Date: May 19, 2023 07:21 AM

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The company has $100,000 in inventory and expects to sell 10,000 units of a product. The cost

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