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Figure 2-8

Question 115

Multiple Choice

Figure 2-8.Last year Quest Company incurred the following costs:
Figure 2-8.Last year Quest Company incurred the following costs: Quest produced and sold 2,000 units at a sales price of $125 each. Assume that beginning and ending inventories of materials, work in process, and finished goods were zero. -Refer to Figure 2-8. Gross margin per-unit was? A) $125 B) $7 C) $95 D) $30 Quest produced and sold 2,000 units at a sales price of $125 each. Assume that beginning and ending inventories of materials, work in process, and finished goods were zero.
-Refer to Figure 2-8. Gross margin per-unit was?


A) $125
B) $7
C) $95
D) $30

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