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Pederson Company reported the following: Manufacturing costs Units manufactured Units sold Beginning inventory $2,655,000 59,

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Answer #1
Sales revenue $          34,40,000
(43000 units *$80)
Less:
Cost Of Goods Sold $          19,35,000
($2655000/59000*43000)
Gross Profit $          15,05,000
Correct Option:D
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