Umberg Merchandise Company's cost of goods sold last month was $1,350,000.  the Merchandise Inventory at the beginning of the month was $250,000 and there was $325,000 of Merchandise Inventory at the end of the month. Umberg's merchandise purchases were: 

a.$1,350,000 

b.$1,275,000 

c.$1,425,000 

d.$1,675,000

Answer rating: 100% (QA)

A 1 Particulars Amount 2 Cost of goods sold ... View the full answer