Question: Need answer and explanation for this question? CALCULATOR MESSAGE MY INSTRUCTOR ASSIGNMENT RESOURCES Chapter 6 Homework Exercise 6-16 Your answer is partially correct. Try again.

 Need answer and explanation for this question? CALCULATOR MESSAGE MY INSTRUCTOR

Need answer and explanation for this question?

CALCULATOR MESSAGE MY INSTRUCTOR ASSIGNMENT RESOURCES Chapter 6 Homework Exercise 6-16 Your answer is partially correct. Try again. Brief Exercise 6-8 Blossom Company reported cost of goods sold as follows. 2017 2016 Exercise 6-9 Beginning inventory Cost of goods purchased Cost of goods available for sale $ 32,380 184,210 216,590 39,050 $177,540 18,370 172,410 190,780 32,380 $158,400 Exercise 6-16 Review Score Review Results by Study Less: Ending inventory Objective Cost of goods sold Blossom Company made two errors: 1. 2016 ending inventory was overstated by $2,050. 2. 2017 ending inventory was understated by $5,300 Compute the correct cost of goods sold for each year. 2016 2017 160450 300310 The correct cost of goods sold s Click if you would like to Show Work for this question: LINK TO TEXT

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