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3 years ago

Calculate the gross margin if the selling price is $264 and the cost is $214

Mathematics

1 answer:

lakkis [162]3 years ago

7 0

Answer:

Gross margin= $50

Step-by-step explanation:

Giving the following information:

Selling price= $264

Unitary cost= $214

<u>To calculate the gross margin, we need to deduct from the selling price the unitary cost:</u>

Gross margin= selling price - unitary cost

Gross margin= 264 - 214

Gross margin= $50

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Complete Question

The complete question is shown on the first uploaded image

Answer:

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I hope this helps you out!

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3 years ago

Read 2 more answers