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If percentage of overall gross margin is 15 and final sales...

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If percentage of overall gross margin is 15 and final sales value of whole production is $20000, then gross margin (in dollars) will be

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Correct Answer: Option B
If percentage of overall gross margin is 15 and final sales value of whole production is $20000, then gross margin (in dollars) will be $300,000.
Gross Margin = Sale value × Gross margin percentage
$20000 × 15 = $300000.
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