Do Homework - Vanessa Bastien Joseph - Microsoft Edge - X A https://www. mathxl.com/Student/PlayerHomework.aspx?homeworkld=553597401&questionid=1&flushed=true&cid=5847668¢erwin=yes ACC 687 Advanced Cost Accounting Starting January 2020 Vanessa Bastien Joseph & I 01/10/20 8:48 PM Homework: Week 1 new Save Score: 0 of 1 pt 1 of 8 (0 complete) HW Score: 0%, 0 of 8 pts P2-29 (final answer) X A - puestion Help Data Table The following data are for Maurice Department Store. The account balances in thousands) are for 2014. (Click the icon to view the account balances.) $ Requirements 1. Compute (a) the cost of goods purchased and (b) the cost of goods sold. 2. Prepare the income statement for 2014. 38,000 21,000 18,000 45,000 Requirement 1. Compute (a) the cost of goods purchased and (b) the cost of goods sold. (Enter amounts in thousands.) (a) The cost of goods purchased is $ Marketing, distribution, and customer-service costs Merchandise inventory, January 1, 2014 Utilities General and administrative costs Merchandise inventory, December 31, 2014 Purchases Miscellaneous costs Transportation-in 33,000 156,000 6,000 9,000 5,000 7,000 305,000 Purchase returns and allowances Purchase discounts Revenues Print Done Enter your answer in the answer box and then click Check Answer. 2 parts 2 remaining Clear All Check