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The Super Sponge Company manufactures a variety of high quality sponge and paper products. During the year, they reported the following information.
Sales Revenue | 79,623 |
Variable Cost of Goods Sold | 12,908 |
Fixed Cost of Goods Sold | 16,635 |
Variable Selling and Administrative Costs | 11,394 |
Fixed Selling and Administrative Costs | 6,886 |
Figure the gross profit for the Super Sponge Company for the period presented.
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