Question
The gross margin of Betty corporation for each of the years ended dec 31 2020 and 2021 were as follows: 2021 Sales 540,000 Cost of
The gross margin of Betty corporation for each of the years ended dec 31 2020 and 2021 were as follows:
2021
Sales 540,000
Cost of Sales 283,500
Gross Margin 256,500
2020
Sales 500,000
Cost of sales 300,000
Gross Margin 200,000
2021 selling price were 20% higher than 2020. The change in sales due to volume factor is
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Accounting For Decision Making And Control
Authors: Jerold Zimmerman
7th Edition
0078136725, 9780078136726
