Amaz-A-Nation Reported the Following Data for the Year Just Ended

question 12

Multiple Choice

Amaz-a-nation reported the following data for the year just ended: sales revenue, $1,750,000; cost of goods sold, $980,000; cost of goods manufactured, $560,000; and selling and administrative expenses, $170,000. Amaz-a-nation's gross margin would be:

• A) $940,000.
• B) $1,190,000.
• C) $1,020,000.
• D) $380,000.
• E) $770,000.