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NOKO Inc. Accounting records were as follows: Requirement: Compute the Cost of Goods Sold and the Ending Inventory for the month of April 2021. NOKO

NOKO Inc. Accounting records were as follows:

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Requirement: Compute the Cost of Goods Sold and the Ending Inventory for the month of April 2021.

NOKO Inc. Accounting records were as follows: A. Ending Inventory at March 31, 2021 was $675,000 B. Purchases made during the month of April amounted to 925,000 C. The company Sales reported for April was $ 2,250,000.00 D. The company gross profit margin for the month of April was 40%

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