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The following information is relevant to Wimbledon:
$
D
Opening inventory
12,500
Closing inventory
17,900
Purchases
199,000
Distribution costs
35,600
Administrative expenses
78,800
Audit fee
15,200
Carriage in
3,500
Carriage out
7,700
Depreciation
40,000
Depreciation is to be split in the ratio 70:30 between the factory and the office. All office expenses are classified as administrative expenses.
Based upon the available information, what was Wimbledon’s cost of sales?
$233,600
$221,600
$225,100
$237,100Why 70% depreciation is added in cost of sales as it is an operating expense
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