Question
1.) Beginning inventory = $33791 Purchases = $203881 Sales = $305628 Markup on Cost (Profit as a percentage of cost) = 54% Provide an estimate
1.) Beginning inventory = $33791 Purchases = $203881 Sales = $305628 Markup on Cost (Profit as a percentage of cost) = 54% Provide an estimate for cost of goods sold
2.) Beginning inventory = $34470 Purchases = $210942 Sales = $304091 Markup on Cost (Profit as a percentage of cost) = 55% Provide an estimate for the ending inventory value.
Can you please show me how you get the answers. Thanks!
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Quality Auditing A Tool For Excellence
Authors: David Mills, J. Mills
1st Edition
041245890X, 978-0412458903
