A-LevelAccountingAnalysis and communication of accounting information9706/12 · May/June 2014 · Q241 Mark
The following information is given about four products. Which product makes the most gross profit? inventory turnover (per annum), average inventory in units, mark up on cost % A 8 times, 1000, 15 B 6 times, 1000, 30 C 7 times, 1000, 25 D 10 times, 1000, 20
A(8 times, 1000, 15)
B(6 times, 1000, 30)
C(7 times, 1000, 25)
D(10 times, 1000, 20)
✓ Correct answer
D: (10 times, 1000, 20)
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