Apple Computer, Inc. , produces the well-known iMacs, iPhones, and iPads. Consider the following account balances ($
Question:
The cost of the inventories purchased (or produced) during the 12 months between September 25, 2010, and September 24, 2011, was $64,156,000,000. The income statement for the 2011 fiscal year had an item cost of sales. Compute itsamount.
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September 24, 2011 $776 September 25, 2010 $1,051 Inventories
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Related Book For
Introduction to Financial Accounting
ISBN: 978-0133251036
11th edition
Authors: Charles Horngren, Gary Sundem, John Elliott, Donna Philbrick
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