[vamshi21]

Hi lily1996

Website maintenance costs, website design costs, and staff training costs do not change with the sales or turnover of an e-commerce company. So we can consider these costs as fixed.

[vamshi21]

Hi

Net sales=$(15000-800)=$14200
less: Gross profit margin@40% on sales=$5680
Cost of goods sold=$(14200-5680)=$8520
less: Purchase of goods b/w 1st jan to 4th jan=$7900
Inventory value as on 31st dec=$(8520-7900)=$620

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