How much will dexters gross profit overstated or understated

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Problem

Dexter, Inc. incorrectly over-counted their ending inventory by $2000 and failed to record $3000 of depreciation expense on office machinery. By how much will Dexter's gross profit be overstated or understated?

Reference no: EM131783206

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How much will dexters gross profit overstated or understated : Dexter, Inc. incorrectly over-counted their ending inventory by $2000 and failed to record. By how much will Dexter's gross profit be overstated or understated?
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