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The following is data from Gold Company, which is a distributor of soap products: Gross margin of 50% of sales Actual and budgeted sales data:

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The following is data from Gold Company, which is a distributor of soap products: Gross margin of 50% of sales Actual and budgeted sales data: March {actual} n. 520000.000 m_ R. 600000-000 m- n..1.000.000.000 Elli-I July Rp. 160,000,000 40% cash receipts from sales and 60% credit. Repayment of credit sales will be received in the following month. Bad debts are avoided and considered nonexistent. Every month ending inventory 20% of the budgeted cost of goods sold in the following month

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