Question
Use the following to answer questions 30 35 Find the missing amounts: Case 1 Case 2 Case 3 Net Sales $685,400 $777,200 ? COGS ?
Use the following to answer questions 30 35
Find the missing amounts:
| Case 1 | Case 2 | Case 3 |
Net Sales | $685,400 | $777,200 | ? |
COGS | ? | 446,300 | 557,440 |
Gross profit | 227,800 | ? | 366,950 |
Operating expense | 198,500 | 278,500 | ? |
Operating income | ? | ? | 78,960 |
30. $____________For case 1, determine cost of goods sold
31. $____________For case 1, determine operating income (include - if needed)
32. $____________For case 2, determine gross profit
33. $____________For case 2, determine operating income (include - if needed)
34. $____________For case 3, determine net sales
35. $____________For case 3, determine operating expense
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