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Cost of Goods Sold (COGS) Calculation: Requirements: Calculate the cost of goods sold using the following information: Beginning Inventory: $10,000 Purchases: $30,000 Ending Inventory: $12,000


Cost of Goods Sold (COGS) Calculation:

  • Requirements: Calculate the cost of goods sold using the following information:
    • Beginning Inventory: $10,000
    • Purchases: $30,000
    • Ending Inventory: $12,000

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