The gross margin from these transactions of Marathon Company is

Question

Quizplus · Accepted Answer

To calculate the gross margin, we need to subtract the cost of goods sold from the revenue. 
Revenue = $10,000 + $12,000 + $14,000 = $36,000 
Cost of goods sold = $7,000 + $7,000 + $8,340 = $22,340 
Gross margin = Revenue - Cost of goods sold = $36,000 - $22,340 = $13,660 
Therefore, the gross margin from these transactions of Marathon Company is $3,660. The correct answer is C.

The Gross Margin from These Transactions of Marathon Company Is