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The following data is available for the Duffy Manufacturing Company for the month of October 2014: Item Cost of goods manufactured Finished goods inventory, beginning Finished goods inventory, ending Gross margin Operating expenses What is Duffy's operating income for the month of October 2014? Amount $35,648 $9,008 $4,286 43 % of sales $9,673

The following data is available for the Duffy Manufacturing Company for the month of October 2014: Item Cost of goods manufactured Finished goods inventory, beginning Finished goods inventory, ending Gross margin Operating expenses What is Duffy's operating income for the month of October 2014? Amount $35,648 $9,008 $4,286 43 % of sales $9,673

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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The following data is available for the Duffy Manufacturing Company for the month of October 2014: Item Amount Cost of goods manufactured $35,648 Finished goods inventory, beginning $9,008 $4,286 Finished goods inventory, ending Gross margin 43% of sales Operating expenses $9,673 What is Duffy's operating income for the month of October 2014?
Transcribed Image Text:The following data is available for the Duffy Manufacturing Company for the month of October 2014: Item Amount Cost of goods manufactured $35,648 Finished goods inventory, beginning $9,008 $4,286 Finished goods inventory, ending Gross margin 43% of sales Operating expenses $9,673 What is Duffy's operating income for the month of October 2014?
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