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Hi,
I received my feedback from my assessment requesting to revise my amounts for the cost of sales and subsequently amounts, however, there is no explanation in the manual of how to calculate the cost of sales for the 6 months only, so I calculate the percentage of $100,000 of the cost of sales for the full year for the $380,000 income, which gave me an average of 26% and used this to subtract from the income of $192,000 in the January to June budget.
Should I just use $50,000 instead as a cost of sale figure in the budgets January to June and July to December, even though the income amounts are different in between periods?
Thank you,
Fran
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