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8 of 10 (Z complete) Score: 0 of 1 pt E5B-33 (similar to) Domino Electric uses the periodic inventory system. Domino reported the following selected

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8 of 10 (Z complete) Score: 0 of 1 pt E5B-33 (similar to) Domino Electric uses the periodic inventory system. Domino reported the following selected amounts at May 31, 2018 (Click on the icon to review the data.) Compute the following for Domino a. Cost of goods sold. b. Gross proft. a. Compute the cost of goods sold. Cost of Goods Sold: Cost of Goods Sold Data Table 4.000 Merchandise Inventory, June 1. 2017 Merchandise Inventory, May 31, 2018 Purchases Purchase Discounts Purchase Returns and Allowances 5 18,000 Freight in 26.500 Net Sales Revenue 85.000 Common Stock 4,500 Retained Earnings 10.000 176.000 25,000 28.000 Print Done 8 of 10 (Z complete) Score: 0 of 1 pt E5B-33 (similar to) Domino Electric uses the periodic inventory system. Domino reported the following selected amounts at May 31, 2018 (Click on the icon to review the data.) Compute the following for Domino a. Cost of goods sold. b. Gross proft. a. Compute the cost of goods sold. Cost of Goods Sold: Cost of Goods Sold Data Table 4.000 Merchandise Inventory, June 1. 2017 Merchandise Inventory, May 31, 2018 Purchases Purchase Discounts Purchase Returns and Allowances 5 18,000 Freight in 26.500 Net Sales Revenue 85.000 Common Stock 4,500 Retained Earnings 10.000 176.000 25,000 28.000 Print Done

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