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Cost Accounting MCQs – Certification Test 168

Contribution Margin Calculations Quiz (Question 168) – App & e-Book Download

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MCQ 168: If the gross margin is $2000 and the revenue is $5000, then the cost of goods sold would be:

  1. −$8000
  2. $3,000
  3. −$3000
  4. $8,000
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