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NWP Assessment Player Ul App vities & Assignments (10/8 - 10/15) - ... -12 E Question 5 of 7 View Policies Current Attempt in Progress

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NWP Assessment Player Ul App vities & Assignments (10/8 - 10/15) - ... -12 E Question 5 of 7 View Policies Current Attempt in Progress Tamarisk Hardware reported cost of goods sold as follows. Beginning inventory Cost of goods purchased Cost of goods available for sale Less: Ending inventory Cost of goods sold 2021 $ 23,000 153,500 176,500 33,500 $143,000 2022 $ 33,500 191.500 225.000 37500 $187,500 Tamarisk made two errors: (1) 2021 ending inventory was overstated by $3,500, and (2) 2022 ending inventory was understated by $6,500 Compute the correct cost of goods sold for each year. 2021 2022 Cost of goods sold $ eTextbook and Media Save for Later Attempts: unlimited Submit

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