Question
Walker Company provides the following information: Beginning Inventory $119,000 Purchases 510,000 FreightIn 24,000 FreightOut 19,000 Purchase Discounts 5,200 Purchase Returns 8,000
Walker Company provides the following information:
Beginning Inventory | $119,000 |
Purchases | 510,000 |
Freight−In | 24,000 |
Freight−Out | 19,000 |
Purchase Discounts | 5,200 |
Purchase Returns | 8,000 |
Ending Inventory | 130,000 |
What is the cost of goods available for sale?
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Fundamentals of Cost Accounting
Authors: William Lanen, Shannon Anderson, Michael Maher
5th edition
978-1259728877, 1259728870, 978-1259565403
