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Help ASAP please 0 ucia Company reported cost of goods sold for Year 1 and Year 2 as follows 127,500 $131,500 251,500 282,500 Cost of
Help ASAP please 0 ucia Company reported cost of goods sold for Year 1 and Year 2 as follows 127,500 $131,500 251,500 282,500 Cost of goods available for sale 379,000414,000 131,500 136,500 247,500 277,500 Deginning inventory Cost of goods purchased Ending inventory Cost of goods sold Lucia Company made two errors: 1) ending Inventory ot the end of Year 1 was understoted by $16,500 and 2) ending inventory at the end of Year 2 was overstated by $7,500 Given this Information, the correct cost of goods sold figure for Year 2 would be Mutiple Choice 270,000 285.000 294,000
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