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    Cost Accounting Study Set 1
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    Exam 2: An Introduction to Cost Terms and Purposes
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    Answer the Following Questions Using the Information Below
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Answer the Following Questions Using the Information Below

Question 183

Question 183

Multiple Choice

Answer the following questions using the information below:
For last year, Lewisburn Manufacturing reported the following:
Answer the following questions using the information below: For last year, Lewisburn Manufacturing reported the following:    -What was Lewisburn's gross margin (or gross profit) ? A) $103,000 B) $152,000 C) $268,000 D) $317,000
-What was Lewisburn's gross margin (or gross profit) ?


A) $103,000
B) $152,000
C) $268,000
D) $317,000

Correct Answer:

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