Porter Company has provided the following data for the second quarter of the most recent year:

Assume that direct labour is a variable cost and that there was no beginning or ending inventories.
-What was the gross margin for Porter Company for the second quarter?
A) $(12,500).
B) $80,000.
C) $131,500.
D) $135,000.

Question

Porter Company has provided the following data for the second quarter of the most recent year:

Assume that direct labour is a variable cost and that there was no beginning or ending inventories.
-What was the gross margin for Porter Company for the second quarter?
A) $(12,500). 
B) $80,000. 
C) $131,500. 
D) $135,000.

Quizplus · Accepted Answer

The Answer of Porter Company has provided the following data for the second quarter of the most recent year:

Assume that direct labour is a variable cost and that there was no beginning or ending inventories.
-What was the gross margin for Porter Company for the second quarter?
A) $(12,500). 
B) $80,000. 
C) $131,500. 
D) $135,000.

Porter Company Has Provided the Following Data for the Second