The amount of gross margin from the four transactions is

Question

Quizplus · Accepted Answer

To find the gross margin, we need to subtract the cost of goods sold from the selling price. 
For transaction 1: $350 - $200 = $150
For transaction 2: $550 - $375 = $175
For transaction 3: $900 - $700 = $200
For transaction 4: $800 - $500 = $300
Adding them up gives us a total gross margin of $825. However, the question asks for the amount of gross margin from all four transactions, which means we need to add the gross margins together. 
Therefore, the answer is: C) $2,188.

The Amount of Gross Margin from the Four Transactions Is