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.
In 1818, the United States and Great Britain signed a treaty in which both countries agreed to jointly control Oregon Country, an area that extended to parallel 54Â°40â² north. When James K. Polk became president of the U.S. in 1845, he supported the annexation of the entire Oregon Country.. From 1818 to 1846, the United States and Great Britain administered the territory in Oregon together. This was a compromise until both countries could agree on how to divide the land between them.