Knowles & Foreman Company took the following data from its income statement at the end of the current year:Per-unit product
cost$35Gross margin percentage41.20%Selling and administrative expenses$30,900Operating income$10,300How many units were sold during the year?a.3,333 unitsb.1,000 unitsc.1,500 unitsd.1,680 units
1 answer:
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