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What is the amount of gross profit margin

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Reference no: EM132815348

Question - Robinson Company reported the following:

Manufacturing costs $2,000,000

Units manufactured 50,000

Units sold 40,000 units sold for $75 per unit

Beginning inventory 0 units

Required - What is the amount of gross profit margin?

A) $3,000,000

B) $1400,000

C) $3,750,000

D) $1,000,000

Reference no: EM132815348

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