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Compute cost of goods sold using the following information. Merchandise inventory, beginning Cost of merchandise purchased Merchandise inventory, ending Cost of Goods Sold is Computed
Compute cost of goods sold using the following information. Merchandise inventory, beginning Cost of merchandise purchased Merchandise inventory, ending Cost of Goods Sold is Computed as: $ 13,100 86,100 19,100 Cost of goods sold 0 69 $ 0 Determine the missing amount for each separate situation involving inventory cost flows. (1) (2) (3) Cost of merchandise purchased $ 140,800 $ 289,800 Merchandise inventory, beginning 106,800 28,800 Merchandise inventory, ending Cost of goods sold 82,800 33,800 $ 205,800 $ 128,800 $ 267,800
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