The photography department in a department store experienced the following revenue and expenses during October: The photography departmental gross profit on sales is:

Question

The photography department in a department store experienced the following revenue and expenses during October:  The photography departmental gross profit on sales is:

Quizplus · Accepted Answer

To find the gross profit on sales for the photography department, we need to subtract the cost of sales from the revenue.

Revenue = $17,000 
Cost of sales = $11,000 
Gross profit on sales = Revenue - Cost of sales = $17,000 - $11,000 = $6,000

Therefore, the answer is choice C.

The Photography Department in a Department Store Experienced the Following