When a company has a sales price of $29.32, and the cost per unit is $14.83,...

Question

Question

Answer 1

Answer #1

Answer

True

Explanation -

Sales price = $ 29.32

Cost = $ 14.83

Gross profit = Sale price - cost of goods sold

= $ 29.32 - $ 14.83

= $ 14.49

So the gross profit is $ 14.49 per unit.

Answer 2

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