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pls help with this multiple choice problem. will give thumbs uo Frami LLC started 2022 with $79,000 of merchandise on hand. During 2022,$413,000 in merchandise
pls help with this multiple choice problem. will give thumbs uo Frami LLC started 2022 with $79,000 of merchandise on hand. During 2022,$413,000 in merchandise was purchased on account with credit terms of 4/20,n/60. All discounts were taken. Purchases were all made f.o.b. shipping point. Holker paid freight charges of $14,500. Inventory on hand at the end of the year was $44,000. Frami LLC uses a perpetual inventory system. What is cost of goods sold, assuming Frami LLC uses the gross method? [4 points] $462,500 $431,480 $448,000 $445,980 $410,980
pls help with this multiple choice problem. will give thumbs uo
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