Solution-What is the cost of goods sold figure

What is the cost of goods sold figure

Reference no: EM132794866

Question - Given figures showing: Sales £9,200; Opening inventory £1,200; Closing inventory £750; Purchases, £2,400; Carriage Inwards £300. What is the cost of goods sold figure?

a. £3,850

b. £3,150

c. £2,050

d. £2,500

Reference no: EM132794866

Questions Cloud

Discuss human-induced environmental issue : Identify and discuss a human-induced environmental issue either on a global scale, on a national scale, or on a local scale.

Discuss why specific leadership skills are important : In your Developing Nonprofit and Human Service Leaders textbook, there is a discussion of two tools for effective communication in organizations and teams.

What would the remaining book value be after two years : It is to be depreciated at a rate of 25 per cent using the reducing balance method. What would the remaining book value be after two years

Environmental systems sometimes experience circular system : Environmental systems sometimes experience a circular system of feedback loops. How do positive and negative feedback loops work? Give an example of each.

What is the cost of goods sold figure : Sales £9,200; Opening inventory £1,200; Closing inventory £750; Purchases, £2,400; Carriage Inwards £300. What is the cost of goods sold figure

Discuss the biopsychosocial and cultural factors : Choose one of the four heart conditions listed in section 5.3 of the textbook (e.g., congenital heart disease, hypertension, heart disease, and stroke).

Create digital marketing strategy : You selected and the specific population that it serves. Use PowerPoint or Prezi to create a digital marketing strategy.

Examine major benefits that the report can provide : Examine the major benefits that this report can provide for the organization. Suggest two uses for the information contained therein. Justify your response.

DNA and role in producing our individual characteristics : You read about DNA and its role in producing our individual characteristics.

User Account

All Pages

What is the cost of goods sold figure

Reference no: EM132794866

Reference no: EM132794866

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

What are the five principal financing sources

How does the periodicity assumption affect an accountant

How the ROE related to ASC and why

Adjust sunbeams 1997 earning before interest and taxes for

What loss carryovers are available for monte and allie

Rules of the aicpa code of professional conduct

How much did miller pay for interest in wall

Write a short note on unearned income

What is the proportion of nico portfolio invested

Assume that the total overhead cost above consists of

Prepare journal entries needed to record bad debt expense

Prepare journal entry to record accrued interest at december

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT