Robbinsdale, Inc. is a reseller of stone ornaments. The company sold 7,000 units during the year. The
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Robbinsdale, Inc. is a reseller of stone ornaments. The company sold 7,000 units during the year.
The company provided the following information:
Sales Revenue $587,000
Purchases (excluding freight) 305,000
Sales and Management Expenses 66,000
Freight at 13,000
Initial Product Inventory 43,000
Finished Product Inventory 43,000
What is the cost of goods available for sale for the year?
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