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Find What is the gross profit margin earned by company

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Reference no: EM132629060

The following information pertains to Expert System Corporation:

Beginning work-in-process inventory            $18,000

Ending work-in-process inventory                   25,000

Beginning finished goods inventory                  36,000

Ending finished goods inventory                      31,000

Cost of goods manufactured                           241,000

Sales                                                         302,000

Problem 1: What is the gross profit margin earned by the company?

Reference no: EM132629060

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