Question: Can you explain the correct approach to solve this general accounting question? Carver Company had the following inventory activity in June 2024: Beginning Inventory: $12,000

Can you explain the correct approach to solve this general accounting question?

Carver Company had the following inventory activity in June 2024: Beginning Inventory: $12,000 Purchases during the month: $338,000 e Ending Inventory: $10,000 What is the Cost of Goods Sold for June? A. $36,000 B. $40,000 C. $60,000 D. $44,000

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