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Use the following information to answer question 17 and 18: 2017 2018 2019 Sales 700 735...

Use the following information to answer question 17 and 18:

2017 2018 2019

Sales 700 735 779

COGS 400

Gross Profit 300

COGS is 75% variable in 2017

Revenue growth is drive by 3% volume and 2% price in 2018 Revenue growth is driven by 4% volume and 2% price in 2019

17.What is Gross Profit in 2018?

18. What is Gross Profit in 2019?

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