menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Entrepreneurship Starting
  4. Exam
    Exam 7: Understanding and Managing Start-Up, Fixed, and Variable Costs
  5. Question
    If You Sell $2500 Worth of Product, Pay COGS of $800
Solved

If You Sell $2500 Worth of Product, Pay COGS of $800

Question 1

Question 1

Multiple Choice

If you sell $2500 worth of product, pay COGS of $800 and other variable costs of $360, what is your gross profit?


A) $1340
B) $1700
C) $2464
D) $2500

Correct Answer:

verifed

Verified

Related Questions

Q2: Carla sells hot coffee, cider and tea

Q3: _ is what remains when you subtract

Q4: Carla sells hot coffee, cider and tea

Q5: Why is it best to pay expenses

Q6: What are variable costs? How are they

Q7: A(n) _ is a model or pattern

Q8: Record keeping for a very small business

Q9: Depreciation is the percentage of value of

Q10: In the phrase I SAID U R

Q11: The cost of material used to make

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines