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As the purchasing manager in the bakery department of the local grocery store, Daniel was focused on finding high-quality fresh products at an affordable price.
As the purchasing manager in the bakery department of the local grocery store, Daniel was focused on finding high-quality fresh products at an affordable price. He spent $980 on this week's order of products, which included a $55 freight charge. Beginning Baked Goods Inventory (the store's term for Merchandise Inventory) this week was $460. If ending Baked Goods Inventory was $505 this week, what was this week's COGS? COGS $enter the amount of cost of goods sold in dollars
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