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    dawnbrenkert1's Avatar
    dawnbrenkert1 Posts: 1, Reputation: 1
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    Sep 9, 2009, 11:02 AM
    Cost of Goods Purchased and Sold?
    Computing Cost of Goods Purchased and Cost of Goods Sold
    Marvin Dept. Store Cost in thousands for 2008
    Marketing, Distribution, and Customer Service 37,000
    Merchandise inventory Jan 1st, 2008 27,000
    Utilities 17,000
    General and Administrative Cost 43,000
    Merchandise Inventory Dec 31st, 2008 34,000
    Purchases 155,000
    Misc. Costs 4,000
    Transportation In 7,000
    Purchase Returns & Allowances 4,000
    Purchase Discounts 6,000

    Cost of Goods Purchased?

    Cost of Goods Sold?
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Sep 9, 2009, 12:59 PM

    Please see the guidelines for posting homework problems:
    Ask Me Help Desk - Announcements in Forum : Homework Help
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