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On March 1, 2026, XYZ Company paid $185,000 to purchase 250,000 coffee mugs to sell at its retail store. During 2026, XYZ Company recorded the
On March 1, 2026, XYZ Company paid $185,000 to purchase 250,000 coffee mugs to sell at its retail store. During 2026, XYZ Company recorded the following sales: Selling price Month per mug Mugs sold March $2.00 16,000 April $2.50 35,000 May $3.00 24,000 June $2.00 31,000 July $3.00 46,000 August $4.00 29,000 September $3.50 43,000 Using the matching concept, calculate the total expense recorded by XYZ Company for the months May through August
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