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Calculate the cost of goods sold

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Question - ABSB experienced the following events during 2020: $540,000 in selling costs, $360,000 of administrative costs, Purchased inventory $1,740,000, $60,000 transportation cost in.

Beginning Inventory $450,000 and $280,000 ending inventory. Sales Revenue for the year $5,200,000.

Calculate the cost of goods sold.

Reference no: EM133090227

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