Peterson Jewelry had the following data (in thousands of South African Rands, ZAR) for a given period.
Question:
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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Related Book For
Introduction to Management Accounting
ISBN: 978-0133058789
16th edition
Authors: Charles Horngren, Gary Sundem, Jeff Schatzberg, Dave Burgsta
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