Question: Peterson Jewelry had the following data in thousands of South

Peterson Jewelry had the following data (in thousands of South African Rands, ZAR) for a given period. Assume there are no inventories. Fill in the blanks.
Sales ZAR .............. ___
Direct materials ............ 355
Direct labor ............. ___
Indirect manufacturing ......... ___
Manufacturing cost of goods sold ...... 745
Gross margin .............. 135
Selling and administrative expenses ..... ___
Operating income ............ 30
Prime cost (direct materials + direct labor) . 575


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  • CreatedNovember 19, 2014
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