Question
Stone Beauty, Inc. is a merchandiser of stone ornaments. The company sold 8,000 units during the year. The company has provided the following information:
Stone Beauty, Inc. is a merchandiser of stone ornaments. The company sold 8,000 units during the year. The company has provided the following information: Sales Revenue Purchases (excluding freight in) $560,000 303,000 Selling and Administrative Expenses 66,000 Freight In Beginning Merchandise Inventory Ending Merchandise Inventory What is the cost of goods available for sale for the year? 13.000 43,000 42.0
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