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Compute the Hamlet cost of goods sold for the current year

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Reference no: EM132848609

Question - The Hamlet Company uses the periodic inventory system. Information for the current year is as follows:

Sales $2,650,000

Beginning inventory 680,000

Purchases 1,200,000

Purchase returns 12,000

Ending inventory 740,000

Required - Compute the Hamlet's cost of goods sold for the current year?

Reference no: EM132848609

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