RMA transaction not recognized correctly

We have a scenario where Sales Order was shipped, Invoiced and COGS recognition completed and then referenced RMA is created against that Credit Memo is accounted in Receivables and revenue lines are transferred to Cost Accounting and RMA Recognition is also done. But on Analyze Product Gross Margin Page Recognized Revenue field is not showing anticipated value, its showing exactly three times Credit Memo amount. Let us know if we are missing anything here.