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How do calculate cost of sales

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Reference no: EM133000794

Problem 1: If beginning inventory was $25,000, purchases during the period totalled $50,000, freight-in was $1,000 and ending inventory was $19,000, calculate the cost of sales?

A.$56,000
B.$55,000
C.$50,000
D.$57,000

Reference no: EM133000794

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