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  3. for the year 2018, the gross margin of melody co.

For the year 2018, the gross margin of Melody Co. was P96,000; the cost of...

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Accounting

For the year 2018, the gross margin of Melody Co. was P96,000; the cost of goods manufactured was P340,000; the beginning inventories of work in process and finished goods were P28,000 and P45,000, respectively; and the ending inventories of work in process and finished goods were P38,000 and P52,000, respectively. The sales of Melody Co. for 2018, must have been

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