If a company's Sales revenue figure is 345,000 and its Gross profit has been calculated has 90,000. Also the figure for other expense has been determined as 63,000What is the figure for Cost of Sales?
Question
If a company's Sales revenue figure is 345,000 and its Gross profit has been calculated has 90,000. Also the figure for other expense has been determined as 63,000What is the figure for Cost of Sales?
Solution
To calculate the Cost of Sales,
Similar Questions
Adept Company is analyzing a proposed project with annual sales of 5,200 units, ± 6 percent; variable costs per unit of $11, ± 3 percent; fixed costs of $17,500 per year, ± 3 percent; and a sales price of $22 per unit, ± 2 percent. The annual depreciation expense is $4,200. What is the annual sales revenue under the optimistic scenario?
If sales revenue is $600,000 and cost of sales is $450,000, the gross profit margin is:33%25%67%75%
Explain how to compute gross profit by completing the following sentence. Gross profit is calculated by taking the net (sales/costs) of a product and (adding/subtracting) the cost of the goods sold.
The financial information of the company is as follows:Sales units: 200Price per unit: $30Fixed cost: $400Variable cost per unit: $20What would be the profit if 400 and 500 units are sold? Create a data table for the same.Options :$2,000 and $3,500$3,600 and $4,600$2,500 and $3,200$4000 and $6,500
If sales revenue totals $84,000, selling price is $6 per unit, variable costs are $2.50 per unit and fixed costs are $48,000 per annum, the profit that will be earned is:Question 8Answera.$13,714b.$19,200c.$1,000d.$5,600
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.