Vidyalelo
Commerce · Q718

Costing

Graduate and Post Graduate · Commerce · question 718

Q718

Percentage of overall gross margin is multiplied to final sales value of products total production is used to calculate

A.
Gross margin in terms of amount of money
Answer
B.
Gross margin in terms of separable costs
C.
Gross margin in terms of total cost
D.
Gross margin in terms of labour cost

Answer: Option A

Solution

Answer: Option A
Solution:
Percentage of overall gross margin is multiplied to final sales value of products total production is used to calculate Gross margin in terms of amount of money.