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What is the cost of goods available for sale

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Question - The following information is available for Coronado Industries for 2020:

Freight-in $ 61800

Purchase returns 158500

Selling expenses 465000

Ending inventory 510000

The cost of goods sold is equal to 400% of selling expenses. What is the cost of goods available for sale?

a. $1860000.

b. $2325000.

c. $2380000.

d. $2370000.

Reference no: EM132623136

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