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Chet Company provides the following information Beginning inventory Purchases Freight-in Freight-Out Purchase Discounts Purchase Returns Ending Inventory 100.000 500.000 20.000 10,000 S.000 8.000 125.000 What

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Chet Company provides the following information Beginning inventory Purchases Freight-in Freight-Out Purchase Discounts Purchase Returns Ending Inventory 100.000 500.000 20.000 10,000 S.000 8.000 125.000 What is the cost of goods sold? 490,000 607 000 620,000 482,000 Bombard Company has the following data available: Units Units Purchased Sold Unit Cost $10 $12 SOO 200 350 Transaction Beginning inventory March 1 Purchase April 25 Sale June 10 Purchase I July 20 Sale October 30 Purchase December 15 Sale 300 $14 250 350 $15 400 of Bombard Company uses a perpetual LIFO inventory system, the cost of goods sold for the year 13,350 16,850 5,520 3.500 Gordon Company has the following data available: Units Purchased 300 Sold Cost $10 $12 350 Beginning inventory April 1Purchase May 20 Sale June 20 Purchase Auct Sale October 14 Purchase December 6 Sale 300 S 14 250 $15 400 of Gordon Company uses a perpetual FIFO inventory system, the value of ending inventory on the December 31 balance sheet is 750 700 500 1.500

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