Manertial accounting

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23 Points Posted on 16 May 2021
total turnover rs 1,10,00 cost of good sold rs 88,00 percentage of gross profit to sales will be
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On 16 May 2021 at 21:29 Report
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This discussion explains the calculation of gross profit within managerial accounting. It demonstrates how to determine gross profit by subtracting the cost of goods sold from total turnover. The example provided shows a gross profit of £2,200 from a turnover of £11,000, resulting in a gross profit ratio of 20%.

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2353 Points Posted on 16 May 2021
Gross profit percentage will be 20%
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On 16 May 2021 at 22:06
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23 Points Posted on 16 May 2021
In adverse what is Answer not in percentage
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On 16 May 2021 at 22:09
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2353 Points Posted on 16 May 2021

Total  Tunover =                11000/-

Less 

Cost of  Goods sold    =     8800/-

--------------------------------------------

Gross profit  will be     =     2200/- 

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On 16 May 2021 at 22:22
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Chartered Accountant
16188 Points Posted on 16 May 2021
Gross profit ratio will be 20%
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On 16 May 2021 at 22:30
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Tax consultant
3466 Points Posted on 17 May 2021
Ratio % 20
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On 17 May 2021 at 01:28

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