How would calculated the cost of goods sold for the projected statement? Revenue Motor Shop Tatoo Parlor

How would calculated the cost of goods sold for the projected statement?

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Revenue Motor Shop Tatoo Parlor Beg Inventory Total Revenues COGS From B/S 2009 Case fact Case fact Calculated Case fact Case fact Calculated $ 6,000,000 $ 7,500,000 $ 50,000 $ $ 6,050,000 $ 100,000 7,600,000 From I/S 2010 3,983,337 Purchases Calculated COGAS Calculated Ending Inventory 312.1 days Total COGS 77% Gross Profit Op Expenses Calculated Calculated 270 days 77% $ 2,408,410 $ $ 6,233,427 $ 6,197,540 $ 8,641,837 $ 10,180,877 $ 3,983,337 $ 4,328,877 $ 4,658,500 $ 5,852,000 $ 1,391,500 $ 1,748,000 Revenue Motor Shop Tatoo Parlor Beg Inventory Total Revenues COGS From B/S 2009 Case fact Case fact Calculated Case fact Case fact Calculated $ 6,000,000 $ 7,500,000 $ 50,000 $ $ 6,050,000 $ 100,000 7,600,000 From I/S 2010 3,983,337 Purchases Calculated COGAS Calculated Ending Inventory 312.1 days Total COGS 77% Gross Profit Op Expenses Calculated Calculated 270 days 77% $ 2,408,410 $ $ 6,233,427 $ 6,197,540 $ 8,641,837 $ 10,180,877 $ 3,983,337 $ 4,328,877 $ 4,658,500 $ 5,852,000 $ 1,391,500 $ 1,748,000

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Answer To calculate the cost of goods sold COGS for the projected statement you need to consider the ... View the full answer