What is the cogs to include in the income statement

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Reference no: EM133654965

Question: Natural State Corp. provided the following information for the year ended December 31, 2019: 1. Natural State had Sales of $2,100,000 during 2019. 2. Natural State had beginning inventory of 10,000 units with a cost of $42 per unit and purchased 23,000 units of inventory at $45 per unit during 2019. A physical count indicated 11,000 units in 2019 ending inventory. Natural State uses a periodic inventory system.

What is the COGS to include in the income statement

Reference no: EM133654965

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What is the cogs to include in the income statement : What is the COGS to include in the income statement - Natural State Corp. provided the following information for the year ended December 31, 2019

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