Session 3 Assignment

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3. Missing Amounts in Cost of Goods Sold Model

   For each of the following independent cases, determine the missing amounts corresponding to the letters in the chart:

   	Case 1	Case 2	Case 3
   Beginning inventory	$(a)	$2,430	$2,870
   Purchases (net)	5,650	(c)	(e)
   Transportation-in	154	502	422
   Cost of goods available for sale	7,160	(d)	8,810
   Ending inventory	(b)	1,760	1,300
   Cost of goods sold	5,530	5,590	(f)

   Enter all answers as positive numbers.

   Item	Amount
   a.	$fill in the blank 1
   b.	$fill in the blank 2
   c.	$fill in the blank 3
   d.	$fill in the blank 4
   e.	$fill in the blank 5
   f.	$fill in the blank 6