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Sagot :
The amount of cost of goods sold by the company reported was $67,200.
Given,
Campus computer store sales revenue - $168,000
Gross profit percentage - 60%.
Thus,
Gross profit= sales revenue - cost of goods sold
Sales - $168,000
Cost of goods sold - ?
Gross profit = $168,000 * 0.6 = $100,800
Cost of goods sold = $168,000 - 100,800
Therefore, Cost of goods sold = $67,200
Cost of goods sold is the total of all costs which is used in order to create a product or service, which has been sold. Cost of Goods Sold measures the direct cost incurred in the production of any goods or services.
To learn more about Cost of goods sold here:
https://brainly.com/question/24561653
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