The PPC department of Ajax shows gross sales of $730,600 for computer supplies and $934,900 for office supplies.The cost of the computer supplies was $534,000 and the cost of the office supplies was $491,400.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 goods sold from the gross sales.

For computer supplies: 
Gross profit = Gross sales - Cost of goods sold 
Gross profit = $730,600 - $534,000 
Gross profit = $196,600

For office supplies: 
Gross profit = Gross sales - Cost of goods sold 
Gross profit = $934,900 - $491,400 
Gross profit = $443,500

Therefore, the gross profit for computer supplies is $196,600 and for office supplies it is $443,500. The answer is D.

The PPC Department of Ajax Shows Gross Sales of $730,600