$30,000
$300,000
$40,000
$400,000
✅ The correct answer is 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.
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.