Reported cost of goods sold

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Reference no: EM131296384

Arcon Inc. had inventory on hand at the beginning of March with a cost of $280. At the end of March, Arcon Inc. reported cost of goods sold of $14600 on the income statement and inventory of $560 on the balance sheet.

What was Arcon's cost of purchases for the Month of March?

Reference no: EM131296384

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Reported cost of goods sold : Arcon Inc. had inventory on hand at the beginning of March with a cost of $280. At the end of March, Arcon Inc. reported cost of goods sold of $14600 on the income statement and inventory of $560 on the balance sheet. What was Arcon's cost of purchas..

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