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Gross margin formula is?

a. Sales - variable costs - fixed costs

b. Sales - fixed costs

c. Sales price - cost of sales (material and labor)

 

 

Cost Accounting
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Question added by Almutaz Bakry Sidahmed , Internal Audit Manager , Banan real estate
Date Posted: 2015/03/10
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Muhammad Ramzan Tufail ACCA
by Muhammad Ramzan Tufail ACCA , Assistant Finance Manager , Eltizam Asset Management Group

(C) is the Correct Ans.

 

Sales - Variable Cost = G.P

 

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