7,000

Direct Labor

2000

M. Overhead

10,000

Work in Process

?

End Work in Progress

4,000

Cost of Goods Made

18,000

Revenue

25,000

Finished Goods (BB)

6,000

Cost of Goods Sold

?

Finished Goods (EB)

9,000

Operating Expense

6,000

Net Income

?

Gross Profit Margin

?

What’s the Gross Profit Margin?