Question
In April, Walston Enterprises had the following results: Beginning finished goods inventory $17,400 Ending finished goods inventory $25,400 Sales $965,000 Gross Margin $450,000 How much
In April, Walston Enterprises had the following results:
Beginning finished goods inventory $17,400
Ending finished goods inventory $25,400
Sales $965,000
Gross Margin $450,000
How much is cost of goods sold for April?
A.$458,000
B.$515,000
C.$507,000
D.$423,000
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Cornerstones of Financial and Managerial Accounting
Authors: Rich Jones, Mowen, Hansen, Heitger
1st Edition
9780538751292, 324787359, 538751290, 978-0324787351
