Ballard Company Supplied the Following Information for the Month of December

Essay

Ballard Company supplied the following information for the month of December. $$\begin{array} { l r } \text { Operating income percentage } & 10.5 \% \\\text { Gross margin percentage } & 30 \%\end{array}$$ Required: Solve for the following amounts assuming that Ballard Company's operating income in December was $44,100. A. $\quad$ sales revenue
B. $\quad$ cost of goods sold
C. $\quad$ total selling and administrative expenses