Question

cost of revenue from operations formula

Answer 1

Cost of Revenue from Sales or Cost of Goods Sold or Cost of Sales
can be calculated by applying the following methods

1. if gross profit is given,
cost of Revenue = Revenue from operation - Gross profit

2. if purchase and other information is given,
cost of Revenue = Opening Stock + Net Purchases + Direct Expenses - Closing stock

note : net purchase = purchase - purchase return