Comstock company purchased 1000 units of its product for 6

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Comstock Company purchased 1,000 units of its product for $6 per unit. Comstock sold 800 units for $10 per unit.

a. What is Comstock's sales revenue?

Sales revenue based on sales price of inventory sold =$6 per unit

b. What is Comstock's cost of goods sold?

Cost of goods sold based on cost of inventory sold = $10 per unit

c. What is Comstock's inventory?

Inventory based on cost of inventory on hand= $10 per unit

Reference no: EM13389671

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