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...