Clnica Veterinaria Tatitas S.A.S. presents the following information in March 2022, the first month of operations of

Clínica Veterinaria Tatitas S.A.S. presents the following information in March 2022, the first month of operations of the company: 

1. Revenues from veterinary services 5.000.000 
2. Veterinarian's salary is 1,200,000 
3. Assistant's salary 420,000 
4. Purchases of medical supplies 180,000 
5. General services (80% related to animal treatments) 100,000 
6. Office staff salaries (20% related to animal treatments) 260,000 
7. Medical supplies on hand as of March 30 80,000 
8. Depreciation of medical equipment during March 60,000 
9. Building rent (70% relates to animal treatments) 60,000

Required: Calculate cost of services rendered and operating profit.

Answer rating: 100% (QA)

Solution Revenue from Veterinary services 5000000 Less Cost of goods sold 180... View the full answer