A company has four departments (A,B,C and D)and the net sales are $30,000;$40,000;$60,000 and $25,000 respectively.The cost of goods sold per department is $25,000;$15,000;$40,000 and $15,000 respectively.What department has the lowest gross profit?

Question

Quizplus · Accepted Answer

Gross profit is calculated as net sales minus the cost of goods sold. For department A, the gross profit is $30,000 - $25,000 = $5,000, which is the lowest among all departments.

A Company Has Four Departments (A,B,C and D)and the Net