Martson and Co. made the following journal entries: 
What is Martson's gross profit from this sale?
Definitions:
Sample Mean
The average value of a sample set of numbers, calculated as the sum of all observations divided by the number of observations.
Assembly Lines
A production method that breaks down a complex item into a series of smaller tasks, each performed by a specialized worker or group of workers sequentially.
Defective Bottles
Refers to bottles that fail to meet the quality standards due to manufacturing errors or defects.
Population Means
The average values of a characteristic within an entire population.
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