Find cost of sales was for warlock co

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Problem 1: The following information was derived from the 2016 accounting records of WARLOCK Co. Central Warehouse. Goods Out on Consignment Beginning Inventory P 55,000 P 6,000 Purchases 240,000 30,000 Freight-in 5,000 Transportation to Consignees 2,500 Freight-out 15,000 4,000 Ending Inventory 72,500 10,000 WARLOCK's 2016 Cost of Sales was?

Reference no: EM132680914

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