Answer:
Gross Profit= Sales - Cost of Goods Sold
Cost of Goods sold of 1 unit = $ 450,000/50,000
= $ 9
Cost of Goods Sold of 45,000 units = 45,000 * $ 9
= $ 405,000
Gross Profit of 45,000 units = Sales revenue of 45,000 units - Cost of Goods sold of 45,000 units
= 45,000 * $ 15 (Per Unit rate) - $ 405,000
= $ 675,000 - $ 405,000
= $ 270,000 i.e. option b
Explanation:
Refer to the answer.
