Solution-Compute cost of goods sold using the retail

Compute cost of goods sold using the retail inventory method

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Reference no: EM131628215

Question: 1. Find the cost of goods available for sale:

Cost of goods available for sale = number of units purchased * cost per unit

2. Use the information in the table to find the cost of ending inventory and the cost of goods sold using the retail inventory method if sales total $5,029.12

Reference no: EM131628215

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Compute cost of goods sold using the retail inventory method

Reference no: EM131628215

Reference no: EM131628215

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