Walker Company provides the following information: Beginning Inventory $119,000 Purchases 510,000 FreightIn 24,000 FreightOut 19,000
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Question:
Walker Company provides the following information:
Beginning Inventory | $119,000 |
Purchases | 510,000 |
Freight−In | 24,000 |
Freight−Out | 19,000 |
Purchase Discounts | 5,200 |
Purchase Returns | 8,000 |
Ending Inventory | 130,000 |
What is the cost of goods available for sale?
Related Book For
Fundamentals of Cost Accounting
ISBN: 978-1259565403
5th edition
Authors: William Lanen, Shannon Anderson, Michael Maher
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