Using the information below, what is the cost of goods sold? Cost of running the head office
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Using the information below, what is the cost of goods sold?
Cost of running the head office | 20.0 |
Cost of inventory purchased in the period | 650.0 |
Cost of inventory delivered to customers | 554.0 |
Amounts paid to inventory suppliers | 560.0 |
Revenue from inventory delivered to customers | 1,850.0 |
Cost of IT for the head office | 86.0 |
Cost of IT for central support functions | 24.0 |
Related Book For
Fundamentals of Financial Accounting
ISBN: 978-0078025914
5th edition
Authors: Fred Phillips, Robert Libby, Patricia Libby
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