f, Sales = $ 800,000 applied Markup = 25% of cost What would be the value of Gross profit? Select correct option:
Gross profit = Sales x (25%/125%) = 800,000 x (25%/125%) = 1,60,000
355 MCQ for effective preparation of the test of Cost and Management Accounting of Accounting section.
Read the MCQ statement: f, Sales = $ 800,000 applied Markup = 25% of cost What would be the value of Gross profit? Select correct option: , keenly and apply the method you have learn through the video lessons for Cost and Management Accounting to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 186-188.