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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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