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Question 3 of 6 - 71 View Policies Current Attempt in Progress Bramble Hardware reported cost of goods sold as follows. 2022 2021 $ 32,500
Question 3 of 6 - 71 View Policies Current Attempt in Progress Bramble Hardware reported cost of goods sold as follows. 2022 2021 $ 32,500 187,500 $ 21,000 151,500 Beginning inventory Cost of goods purchased Cost of goods available for sale Less: Ending inventory Cost of goods sold 220,000 172,500 32,500 35,500 $184,500 $140,000 Bramble made two errors: 1. 2021 ending inventory was overstated by $3,150. 2. 2022 ending inventory was understated by $6,250. Compute the correct cost of goods sold for each year. 2022 2021 Cost of goods sold $ $
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