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At the End of 2011, Gilley Company Implemented a New

question 55

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At the end of 2011, Gilley Company implemented a new labor process and redesigned its product with the expectation that input usage efficiency would increase.Now, at the end of 2012, the president of the company wants an assessment of the changes on the company's productivity.The data needed for the assessment are as follows: At the end of 2011, Gilley Company implemented a new labor process and redesigned its product with the expectation that input usage efficiency would increase.Now, at the end of 2012, the president of the company wants an assessment of the changes on the company's productivity.The data needed for the assessment are as follows:   - How much profit was generated in 2012? A)  $360,000 B)  $180,000 C)  $146,700 D)  $213,300
- How much profit was generated in 2012?


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