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What is the cost of goods sold for the? year

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Question - Oaktree, Inc. is a merchandiser of inlaid wooden boxes. The company sold 6,500 units during the year. The company has provided the following? information:

Sales Revenue $600,000

Purchases? (excluding freight? in) 300,000

Selling and Administrative Expenses 69,000

Freight In 13,000

Beginning Merchandise Inventory 46,000

Ending Merchandise Inventory 43,000

Required - What is the cost of goods sold for the? year?

Reference no: EM133155456

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