Question
Using the information below, what is the cost of goods sold? Cost of running the head office 20.0 Cost of inventory purchased in the period
Using the information below, what is the cost of goods sold?
Cost of running the head office | 20.0 |
Cost of inventory purchased in the period | 650.0 |
Cost of inventory delivered to customers | 554.0 |
Amounts paid to inventory suppliers | 560.0 |
Revenue from inventory delivered to customers | 1,850.0 |
Cost of IT for the head office | 86.0 |
Cost of IT for central support functions | 24.0 |
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Fundamentals of Financial Accounting
Authors: Fred Phillips, Robert Libby, Patricia Libby
5th edition
78025915, 978-1259115400, 1259115402, 978-0078025914
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