Salon ABC orderd the following items. Year 1 Year 2 Beginning inventory 80,000 93,000 First purchased...

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Salon ABC orderd the following items. Year 1 Year 2 Beginning inventory 80,000 93,000 First purchased 88,000 85,000 Second purchase 54,000 62, 000 Goods available for Sale 66,000 65,000 Ending inventory 75,000 54,000 Cost of goods sold $ Calculate the cost of goods sold for the Year 2 at the end of the period. Salon ABC orderd the following items. Year 1 Year 2 Beginning inventory 80,000 93,000 First purchased 88,000 85,000 Second purchase 54,000 62, 000 Goods available for Sale 66,000 65,000 Ending inventory 75,000 54,000 Cost of goods sold $ Calculate the cost of goods sold for the Year 2 at the end of the period.

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To calculate the cost of goods sold COGS for Year 2 we need to determine the total ... View the full answer