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Find the cost of goods available for sale

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Question - Marigold Inc. reported beginning inventory of $20600. During the period, purchases were $132000; purchase returns, $4800; and freight in $10400. A physical count of inventory at the end of the period revealed that $29800 was still on hand. Find the cost of goods available for sale?

a. $158200.

b. $147800.

c. $157400.

d. $167800.

Reference no: EM132801992

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