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What would be the company cogs

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Problem 1: If a company reported COGAS of $1,100,000; GASR of $1,830,000 and ending Inventory at Retail of $302,490, what would be the company's COGS? Assume the company chose to use the Average Cost version of the Retail Inventory Method of estimating ending inventory. Please explain detail how to do it.

Option 1: $924,018
Option 2: $918,204
Option 3: $797,510
Option 4: $181,796

Reference no: EM132727738

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