Obj 6-Appx

1. EX.06-36.ALGO
2. EX.06-37.ALGO
3. EX.06-38

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2. eBook

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   Cost of Merchandise Sold

   Based on the following data, determine the cost of merchandise sold for November:

   Increase in estimated returns inventory	$11,900
   Merchandise inventory, November 1	19,800
   Merchandise inventory, November 30	37,900
   Purchases	395,200
   Purchases returns and allowances	13,400
   Purchases discounts	7,900
   Freight in	5,500

   $

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   The cost of merchandise sold section includes the beginning inventory, plus net purchases, plus freight in, less the ending inventory. Use Exhibit 16 as an illustration.