The gross margin of a company during a specific month is total sales less: 1.total costs...
Homework Answers
Answer: 2.Cost of goods sold.
Generally, Gross margin = Sales - (Opening stock + Purchases - Closing stock)
Gross margin = Sales - (Cost of goods sold)
Note: Cost of goods sold = Opening stock+Purchases - Closing stock.
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The
gross margin of a company during a specific month is total sales
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1.total costs...
During the first month of operations ended May 31, Big Sky Creations Company produced 56,000 designer...
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