Porter Company Has Provided the Following Data for the Second

question 35

Multiple Choice

Porter Company has provided the following data for the second quarter of the most recent year:

Assume that direct labour is a variable cost and that there was no beginning or ending inventories.
-What was the gross margin for Porter Company for the second quarter?

• A) $(12,500).
• B) $80,000.
• C) $131,500.
• D) $135,000.

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