The following data are available for Remington Advisors for the month just ended: Gross margin.................................... $ 810,000

Question:

The following data are available for Remington Advisors for the month just ended:

Gross margin.................................... $ 810,000

Operating profit................................. 305,000

Revenues.......................................... 1,700,000

Required

Find the following by completing a cost of goods sold statement:

a. Marketing and administrative costs.

b. Cost of services sold.

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Related Book For  book-img-for-question

Fundamentals of Cost Accounting

ISBN: 978-1259565403

5th edition

Authors: William Lanen, Shannon Anderson, Michael Maher

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