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cogs and income statement? PT XYZ in 2017 sold 5,200 units of its products at a price of IDR 5,180,000 per unit. This company has
cogs and income statement?
PT XYZ in 2017 sold 5,200 units of its products at a price of IDR 5,180,000 per unit. This company has an initial inventory of product of 1,180 units with a value of IDR 3,180,000,000 at the end of 2017 the inventory became 1,200 units During 2017 the company made the purchase of raw materials as follows: The company has also invested for its head office in the previous year of IDR 5,180,000,000 with a 5-year depreciation using straight line method. The company also recorded a general administrative and sales cost of IDR 3,180,000,000 for the year. 1) Calculate cost of goods sold! 2) Develop income statement with income tax of 30% Step by Step Solution
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