Multiple Choice
Thomas & Cooke Inc.had a gross margin for the month of February totaling $46,200.They sold 5,500 units during the month at a sales price of $22 per unit.What was the amount of cost of goods sold for the month?
A) $100,000
B) $42,000
C) $74,800
D) None of these are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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