### Cost of goods sold and gross margin

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##### Reference no: EM132234712

Given the following information, calculate X Company's Cost of Goods Sold and Gross Margin.

Revenue: \$5,000

Gross Profit: \$2,500

SG&A: 900

Taxes: 50

Cost of Goods Sold= \$1,050, Gross Margin = 23%

Cost of Goods Sold= \$1,600, Gross Margin = 80%

Cost of Goods Sold= \$1500, Gross Margin = 40%

Cost of Goods Sold= \$2,450, Gross Margin=98%

Cost of Goods Sold= \$2,500, Gross Margin=50%

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