Question: Brief Exercise 5-01 Presented below are the components in determining cost of goods sold. Determine the missing amounts. Beginning Purchases. Cost of Goods. Ending. Cost
Brief Exercise 5-01
Presented below are the components in determining cost of goods sold.
Determine the missing amounts.
Beginning Purchases. Cost of Goods. Ending. Cost of
Inventory Avail for Sale. Inventory. goods sold
(a). $84,700 $102,700. $. $. $116,000
(b) $54,400. $. $113,000. $33,200. $.
(c). $. $112,000. $153,000. $29,200 $
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