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To calculate the **Gross Margin**, we use the formula:

\[
\text{Gross Margin} = \frac{\text{Revenue} - \text{Cost of Goods Sold (COGS)}}{\text{Revenue}} \times 100
\]

Given the values:
- **Revenue** = \$991,824
- **Cost of Goods Sold (COGS)** = \$600,000

Now, let's calculate:

\[
\text{Gross Margin} = \frac{991,824 - 600,000}{991,824} \times 100
\]

I will calculate this for you.The **Gross Margin** is approximately **39.5%**.

Would you like further details on the calculation, or do you have any other questions?

Here are some related questions you might find helpful:
1. What is the formula for calculating net profit margin?
2. How does gross margin differ from net margin?
3. What is the significance of SGA (Selling, General & Administrative) expenses in profit calculation?
4. How can companies improve their gross margin?
5. How does a company's gross margin affect its overall financial health?

**Tip:** Gross margin shows how efficiently a company produces its goods and services relative to its revenue, excluding indirect costs like SGA.

The Revenue is 991,824, the Cost of Goods Sold is 600,000, the SGA expenses are 43,500, what is the Gross Margin?

Learn how to calculate the Gross Margin when the revenue is $991,824, and the Cost of Goods Sold (COGS) is $600,000. This guide walks you through the step-by-step formula to determine Gross Margin as a percentage.

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