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Stone Beauty, Inc. is a merchandiser of stone ornaments. The company sold 7,000 units during the year. The company has provided the following information: Sales
Stone Beauty, Inc. is a merchandiser of stone ornaments. The company sold 7,000 units during the year. The company has provided the following information: Sales Revenue Purchases (excluding freight in) Selling and Administrative Expenses Freight In Beginning Merchandise Inventory Ending Merchandise Inventory $580,000 301,000 69,000 15,000 44,000 43,000 What is the cost of goods available for sale for the year? OA. $360,000 O B. $317,000 . $345,000 O D. $330,000
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