The PPC department of Ajax shows gross sales of $805,500 for computer supplies and $910,500 for office supplies.The cost of the computer supplies was $525,000 and the cost of the office supplies was $485,000.What is the gross profit for each category of the department respectively?

Question

Quizplus · Accepted Answer

To find the gross profit, we need to subtract the cost of supplies from the gross sales.

For computer supplies: 
Gross profit = Gross sales - Cost of supplies 
Gross profit = $805,500 - $525,000 
Gross profit = $280,500

For office supplies: 
Gross profit = Gross sales - Cost of supplies 
Gross profit = $910,500 - $485,000 
Gross profit = $425,500

Therefore, the gross profit for computer supplies is $280,500 and the gross profit for office supplies is $425,500, which matches with option C.

The PPC Department of Ajax Shows Gross Sales of $805,500