Boston Company Sells Thirty Items for $800 Per Unit and Has

question 7

Multiple Choice

Boston Company sells thirty items for $800 per unit and has a cost of goods sold per unit of $480.The gross profit to be reported for selling 30 items is:

• A)$320.
• B)$9,600.
• C)$14,400.
• D)$24,000.

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Definitions:

Service Air Application

The use of compressed air in various maintenance and repair operations, often related to vehicle systems.

Rotor Runout

The measurement of how much a brake rotor deviates from a perfectly flat orientation as it rotates.

Wheel Bearings

Mechanical assemblies that enable the wheels of a vehicle to rotate smoothly and with reduced friction on their axles.

Supply Reservoir

A storage tank or container that holds a supply of fluid, such as fuel, hydraulic fluid, or air, for use in various systems of a vehicle or machinery.