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Suppose Pinocchio's Pizza had 40 boxes of pre-made pizza dough in inventory at the beginning of July 2016. Pinocchio's paid $20.00 for each box. During
Suppose Pinocchio's Pizza had 40 boxes of pre-made pizza dough in inventory at the beginning of July 2016. Pinocchio's paid $20.00 for each box. During the month, Pinocchio's purchased 15 more boxes, also at $20.00 a piece. At the end of the month, a physical count revealed that 18 boxes remained in inventory. No boxes were lost or stolen during the period. What would Cost of Goods Sold related to the pre-made pizza dough be for the month of July? O $1,100 O $800 O $300 O $740
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