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Hyuga Traders reported the following financial data for August: Cost of Goods Sold (COGS) = $84,000 Gross Margin = $36,000 Units Sold 12,000 = What was the sales price per unit?

Hyuga Traders reported the following financial data for August: Cost of Goods Sold (COGS) = $84,000 Gross Margin = $36,000 Units Sold 12,000 = What was the sales price per unit?

Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter5: The Income Statement And The Statement Of Cash Flows
Section: Chapter Questions
Problem 2MC: The following information is available for Cooke Company for the current year: The gross margin is...
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Hyuga Traders reported the following financial data for August: Cost of Goods Sold (COGS) = $84,000 Gross Margin = $36,000 Units Sold 12,000 = What was the sales price per unit?
Transcribed Image Text:Hyuga Traders reported the following financial data for August: Cost of Goods Sold (COGS) = $84,000 Gross Margin = $36,000 Units Sold 12,000 = What was the sales price per unit?
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