Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

PT ABC's financial reports are incomplete, but management is knowing the following data: Operating Income = 1 0 % of Gross Profit Revenue = 1

PT ABC's financial reports are incomplete, but management is
knowing the following data: Operating Income =10% of Gross Profit
Revenue =1.5 times COGS Total Period Expense = IDR 900,000 Gross Profit = IDR 2,500,000
How much is COGM?
if Beg Finished Good = IDR O and End Finished Good = IDR 200,000
COGM?
IDR 1,400,000
IDR 1,800,000
IDR 2,200,000
IDR 2,600,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

ISE International Accounting

Authors: Timothy Doupnik, Mark Finn, Giorgio Gotti, Hector Perera

5th Edition

1260547981, 9781260547986

More Books

Students also viewed these Accounting questions

Question

Examine alternative approaches to behavior therapy.

Answered: 1 week ago

Question

L A -r- P[N]

Answered: 1 week ago