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Nothing But Love, Co. provided the following information for the current period: ...

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Question

Accounting

Nothing But Love, Co. provided the following information for the current period:

Sales

$56,200

Selling and Administrative expenses

$5,900

Finished Goods Inventory, beginning balance

$19,900

Finished Goods Inventory, ending balance

$17,300

Cost of goods manufactured

$35,700

Calculate the Gross Profit for the firm for the period.

a.

$23,100
b.

$12,000
c.

$14,600
d.

$17,900
e.

$20,500

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