Cost of sales does not include indirect expenses such as distribution costs and marketing costs. It appears on the income statement and is deducted from the sales revenue for the calculation of gross profit (or gross margin).
The region was claimed by both the British, who called it Columbia District, and the United States, who called it Oregon Country. The United States officially gained the region in 1846 with the Oregon Treaty. Idaho became part of Oregon Territory and later Washington Territory where Idaho was split in two. However, the entire region became part of Washington Territory after Oregon was made a state.
The region later known as Oregon Country had been claimed by the United States, Great Britain, Russia and Spain, by the early 1800s. A treaty called the Convention of 1818 was signed between the United States and Britain agreeing to joint occupation of the Oregon Country.Spain gave up its claim in the region in the Adams-Onis Treaty of 1819, and Russia gave up its claim in 1825.he territory now forms part of the present day Canadian province of British Columbia and the US-states of Oregon and Washington. It was originally claimed by the United States, Great Britain, Russia, and Spain.