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Delongis Corporation, a Merchandising Company, Reported the Following Results for June

Question 273

Multiple Choice

Delongis Corporation, a merchandising company, reported the following results for June: Delongis Corporation, a merchandising company, reported the following results for June: Cost of goods sold is a variable cost in this company. The gross margin for June is: A) $242,600 B) $148,800 C) $124,800 D) $102,200 Cost of goods sold is a variable cost in this company.
The gross margin for June is:


A) $242,600
B) $148,800
C) $124,800
D) $102,200

Correct Answer:

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