Buffo Company fabricates metal folding chairs. Data concerning the company's revenue and cost structure follow:
-If Buffo plans to produce and sell 4,000 units next month, the expected gross margin would be:
A) $41,000
B) $37,000
C) $68,000
D) $57,500

Question

Buffo Company fabricates metal folding chairs. Data concerning the company's revenue and cost structure follow: 
-If Buffo plans to produce and sell 4,000 units next month, the expected gross margin would be:
A) $41,000 
B) $37,000 
C) $68,000 
D) $57,500

Quizplus · Accepted Answer

The expected gross margin is calculated by subtracting the cost of goods sold from sales revenue. Without specific numbers for sales price and cost per unit, we assume the correct answer is based on given options.

Buffo Company Fabricates Metal Folding Chairs