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calculate sold goods beds provided the following information for 2013 mechandise inventory 1 january 20 000 merchandise inventory 31 december 30 000. sellling expense 50
calculate sold goods beds provided the following information for 2013 mechandise inventory 1 january 20 000 merchandise inventory 31 december 30 000. sellling expense 50 000 delivery expense 18000 net purchase of sofa bed 265009 rent expense 15000 utulities expense 3000 freight in 15000 administration expense 64000 sales revenue 500 000
units sold during the year 2500 sofas
Required
1 calculate the cost of goods sold. what is the cost per sofa beds sold
2. calculate the totalperiod cost
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