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Pierce Corporation has the following gross profits for 2018 and 2019: Sales - 2019-P810,000; 2018 - P792,000. Cost of sales = 2019 - 480,000; 2018
Pierce Corporation has the following gross profits for 2018 and 2019: Sales - 2019-P810,000; 2018 - P792,000. Cost of sales = 2019 - 480,000; 2018 - 464,000. Gross profit=2019-P330,000 2018 - P328,000. Sales price was 10% lower during 2019. The increase (decrease) in quantity sold A. (7.95%) B. 12.00% C. 13.33% D. 13.649
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