Question
In order to calculate the statistics for your managers for Company B you were missing some information and need to calculate some data for
In order to calculate the statistics for your managers for Company B you were missing some information and need to calculate some data for information you do have. Based on the info you have below calculate the COGS. Data you had access to: Beginning Inventory: $25,250.00 Purchases: $150,345.00 Ending Inventory: $75,125.00 Purchase Disc/Returns and allowance - $1,222.15 What is the COGS for this fiscal period? What was the gross profit if your sales review was $425,727.58.
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Accounting Information System
Authors: James A. Hall
7th Edition
978-1439078570, 1439078572
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