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

Related Mcqs:

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

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

2. 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%

3. 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

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

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

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

   A. −$8000
   B. $3,000
   C. −$3000
   D. $8,000

6. 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

7. If the direct material cost of sold goods is $4500 and revenues are $9000, then the contribution margin would be _________?

   A. −$13500
   B. $4,500
   C. −$4500
   D. $13,500

8. If the contribution margin of bundle is $4000 and the revenue of the bundle is $16000, then the contribution margin percentage for bundle will be _____________?

   A. 10%
   B. 15%
   C. 25%
   D. 35%

9. The gross margin is divided by revenues to calculate the __________?

   A. income margin percentage
   B. Gross margin percentage
   C. cost margin percentage
   D. sales margin percentage

10. Direct material cost of sold goods is subtracted from revenues to calculate __________?

    A. accrual contribution
    B. indirect contribution
    C. throughput contribution
    D. direct contribution