The Tinted View, a retail merchandiser of auto windshields, has the following information Web site maintenance $ 7,100 Delivery expense 900 Freight in 2,900 Purchases 39,000 Ending inventory 4,900 Revenues 57,000 Marketing expenses 9,900 Beginning inventory 7,900 Requirement 1 Compute The Tinted Vi...

Req 1 The Tinted View Cost of Goods Sold Com ...

The Tinted View, a retail merchandiser of auto windshields, has the following information: Web site maintenance .

Question:

The Tinted View, a retail merchandiser of auto windshields, has the following information:
Web site maintenance . . . . . . . $ 7,100
Delivery expense . . . . . . . . . . . . . . 900
Freight in . . . . . . . . . . . . . . . . . . . 2,900
Purchases . . . . . . . . . . . . . . . . . . 39,000
. . . . . . . . . . . . . 4,900
Revenues . . . . . . . . . . . . . . . . . . 57,000
Marketing expenses . . . . . . . . . . . 9,900
Beginning inventory . . . . . . . . . . 7,900
Requirement
1. Compute The Tinted View’s cost of goods sold.

Ending Inventory
The ending inventory is the amount of inventory that a business is required to present on its balance sheet. It can be calculated using the ending inventory formula Ending Inventory Formula =...