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5. If Sales revenue is SR 33,000, beginning finished goods inventory is 18,000, ending finished goods inventory is 12,500, and cost of goods manufactured
5. If Sales revenue is SR 33,000, beginning finished goods inventory is 18,000, ending finished goods inventory is 12,500, and cost of goods manufactured is 18,600, find out cost of goods sold. 6. Garments, Inc. is a merchandiser of men clothes. The company sold 9,000 units during the year. The company has provided the following information: Sales Revenue SR 800,000, Purchases SR350,000, Selling Expenses SR 60,000. Freight in SR 15,000, Beginning merchandise inventory SR 40,000, and Ending merchandise inventory SR 40,000. What is the operating income for the year? 7. RMIT CAR Manufacturer provided the following information for the month ended March 31: Sales Revenue SR 2,700,000, Beginning Finished Goods Inventory SR 1,700,000, Ending Finished Goods Inventory SR 700,500, and Cost of Goods Manufactured SR 1,100,600. Compute Gross Profit.
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