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Fry Corporations computation of cost of goods sold is: Beginning inventory $ 60,000 Add: Cost of goods purchased 405,000 Cost of goods available for sale
Fry Corporations computation of cost of goods sold is: Beginning inventory $ 60,000 Add: Cost of goods purchased 405,000 Cost of goods available for sale 465,000 Ending inventory 90,000 Cost of goods sold $375,000 The average days to sell inventory for Fry are a. 58.4 days. b. 67.6 days. c. 73.0 days.
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