Peterson Jewelry had the following data (in thousands of South African Rands, ZAR) for a given period.

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Peterson Jewelry had the following data (in thousands of South African Rands, ZAR) for a given period. Assume there are no inventories. Fill in the blanks.

Sales ZAR …………………………………. ___

Direct materials ……………………………. 355

Direct labor ………………………………… ___

Indirect manufacturing ……………………… ___

Manufacturing cost of goods sold ………….. 745

Gross margin ……………………………….. 135

Selling and administrative expenses ……….. ___

Operating income ……………………………. 30

Prime cost (direct materials + direct labor) … 575

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Introduction to Management Accounting

ISBN: 978-0133058789

16th edition

Authors: Charles Horngren, Gary Sundem, Jeff Schatzberg, Dave Burgsta

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