In April, Walston Enterprises had the following results: Beginning finished goods inventory $17,400 Ending finished goods inventory

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In April, Walston Enterprises had the following results:

Beginning finished goods inventory $17,400

Ending finished goods inventory $25,400

Sales $965,000

Gross Margin $450,000

How much is cost of goods sold for April?

A.$458,000

B.$515,000

C.$507,000

D.$423,000

Related Book For answer-question

Cornerstones of Financial and Managerial Accounting

ISBN: 978-0324787351

1st Edition

Authors: Rich Jones, Mowen, Hansen, Heitger

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Posted Date: Oct 22, 2020 03:17 PM

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In April, Walston Enterprises had the following results: Beginning finished goods inventory $17,400 Ending finished goods inventory

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Cornerstones of Financial and Managerial Accounting

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