What the cost of goods sold for the current fiscal year is

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Weber Company has the following information available at December 31(end of its current fiscal year):

Purchases $28,000

Sales Returns and Allowances 4,000

Inventory (January 1) 10,000

Purchase Discounts 2,500

Freight-in 1,875

Freight-out 3,000

Inventory (December 31) 11,000

Problem 1: What The COST OF GOODS SOLD for the current fiscal year is

Reference no: EM132715759

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