If the gross margin is $2000 and the revenue is $5000, then the cost of goods sold would be _________?

Related Mcqs:

1. If the cost of goods sold is $8000, the gross margin is $5000 then the revenue will be ___________?

   A. $13,000
   B. −$13000
   C. $3,000
   D. −$3000

2. If the gross margin is $9000 and the cost of goods sold is $8000 then the revenue will be _________?

   A. $1,000
   B. −$1000
   C. $17,000
   D. −$17000

3. If the gross margin is $6000 and the total revenue is $26000, then the gross margin percentage will be _____________?

   A. 23.08%
   B. 24.08%
   C. 25.08%
   D. 26.08%

4. If the revenue is $15000, the total variable cost is $5000 and the fixed cost $2000 then the operating income will be ____________?

   A. $4,000
   B. $8,000
   C. $5,000
   D. $3,000

5. The gross margin is added into cost of sold goods to calculate the __________?

   A. revenues
   B. operating leverage
   C. contribution margin
   D. operating margin

6. The gross margin is added to the cost of sold goods to calculate: ____________?

   A. revenues
   B. selling price
   C. unit price
   D. bundle price

7. The gross margin is $7000 and the revenues are $16000, then the cost of goods sold would be __________?

   A. $23,000
   B. −$23000
   C. −$9000
   D. $9,000

8. If the total revenue is $9000, the total variable cost is $2000, then the contribution margin will be ___________?

   A. $11,000
   B. −$7000
   C. $4,500
   D. $7,000

9. If the cost of direct materials use in the goods sold is $5000 and the total revenues are $9000 then the throughput contribution would be ____________?

   A. $5,000
   B. $14,000
   C. $4,000
   D. $9,000

10. The cost of manufactured goods is added into beginning inventory, and the amount equal to cost of sold goods are added into ___________?

    A. minus beginning inventory
    B. minus ending inventory
    C. plus ending inventory
    D. plus beginning inventory