The gross margin is added to the cost of sold goods to calculate?

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Next Question:
Misstatement of inventories or cost of good sold can be detected by:
Posted by:
Mir Mujtaba Ali
12-March-2015

The gross margin is added to the cost of sold goods to calculate

Question added by Rita Acharya
Date Posted: 2018/08/08

Upvote (0) Views (3) Followers (2) Answers (2) Report Question

Write an Answer
Register now or log in to answer.

2 Answers

by SHUBHAM KUMAR

SALE. .

Downvote Reply () Report

by Sagar Kumar , Financial Accountant / Management Accountant , Upwork

The gross margin is added to the cost of sold goods to calculate "REVENUE"

Downvote Reply () Report

Popular Searches

Sales Executive Jobs Engineers Jobs Engineering Technicians Jobs Accountant Jobs Driver Jobs

Write Your Answer

More Questions Like This

If I want a gross margin of 25%, what percent should I mark up my product?
Top Answer: Assuming sales is 100 and Gross Margin is 25; Product should be marked up by 33.33% See More

Answers (1)
What is the cost of goods sold?
Top Answer: Is the direct costs attributable to the production of the goods sold in a company. This amount includes t ... See More

Answers (5)
A manufacturer has beginning and ending finished goods inventory of $70, 000 and $90,000 respectively. The cost of goods manufactured is $200,000.
Top Answer: Option C is the right answer. See More

Answers (16)
In which approach of the marketing costs analysis, is the net income calculated by deducting direct and indirect expenses from the gross margin?
Top Answer: <p><strong>The answer to the correct answer B</strong></p> See More

Answers (5)

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.