Wednesday, January 12, 2022 1:33:27 PM
That really doesn't answer the cost of shipping, though, and how many mirrors are on a 40 foot container.
It says nothing about gross margins on the mirror, just an unverifiable bit about how much Amazon is charging to take orders.
Cost of shipping the container from Thailand is a part of COGS, and affects gross margin.
Sales fees from Amazon are most likely part of SG&A.
Of course, we have to wait until mid-May to see what Gross Margins are, and how many mirrors they sold in 1Q.
It says nothing about gross margins on the mirror, just an unverifiable bit about how much Amazon is charging to take orders.
Cost of shipping the container from Thailand is a part of COGS, and affects gross margin.
Sales fees from Amazon are most likely part of SG&A.
Of course, we have to wait until mid-May to see what Gross Margins are, and how many mirrors they sold in 1Q.
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