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Home Q & A Board Other Fields Homework Help Business Accounting
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jerico jerico
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9 years ago
A company reported revenues of $375,000, cost of goods sold of $118,000, selling expenses of $11,000, and total operating costs of $70,000. Gross margin for the year is ________.
A) $257,000
B) $246,000
C) $176,000
D) $252,000
Textbook 
Cost Accounting

Cost Accounting


Edition: 14th
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cyborgcyborg
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9 years ago
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jerico Author
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#2
9 years ago
Thank you for the help. I took this course as an elective, glad it's over in three weeks. Great textbook though!
wrote...
#3
9 years ago
Sweet, you're welcome.
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