Question: Assume the same information as in BF and also that Hung Company has beginning inventory (in thousands) of W60,000, ending inventor of W90,000 and net

Assume the same information as in BF and also that Hung Company has beginning inventory (in thousands) of W60,000, ending inventor of W90,000 and net sales of W630,000. Determine the amounts to be reported for cost of goods sold and gross profit.

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