Given the Following Data, What Is the Gross Margin If

question 128

Multiple Choice

Given the following data, what is the gross margin if cost of goods sold is determined using the weighted-average method? $\begin{array} { | l | l | } \hline \text { Sales revenue } & 200 \text { units at } \$ 20 \text { per unit } \\\hline \text { Beginning inventory } & 60 \text { units at } \$ 12 \text { per unit } \\\hline \text { Purchases } & 210 \text { units at } \$ 13 \text { per unit } \\\hline\end{array}$

• A)$2,556
• B)$1,444
• C)$2,500
• D)$1,500

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Definitions:

Promotion

is a marketing strategy aimed at increasing awareness, sales, or interest in a product or service, often through advertising, discounts, or publicity events.

Graphical Techniques

Aggregate planning techniques that work with a few variables at a time to allow planners to compare projected demand with existing capacity.

Optimal Strategies

Approaches or methodologies determined to be the most effective and efficient in achieving specific goals or outcomes, often within the context of games, economics, or operations research.

Level Scheduling

A production strategy that aims to maintain a consistent production rate or workload, smoothing out peaks and troughs in demand to optimize operations.