A pharmacy purchases 10,000 tablets of medication D for $27,000 and sells the 10,000 tablets for $34,380. The pharmacy has total monthly sales of $648,933, inventory purchases of $466,838, and overhead

A pharmacy purchases 10,000 tablets of medication D for $27,000 and sells the 10,000 tablets for $34,380. The pharmacy has total monthly sales of $648,933, inventory purchases of $466,838, and overhead of $97,000.

• What is the gross margin on medication D?
• What is the gross income for the month?
• What is the net income for the month?

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A pharmacy purchases 10,000 tablets of medication D for $27,000 and sells the 10,000 tablets for $34,380. The pharmacy has total monthly sales of $648,933, inventory purchases o…

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