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Author Question: Compute the missing amounts.Miami CompanyOrlando CompanySales$200,000(D)Cost of Goods Sold Beginning ... (Read 64 times)

BRWH

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Compute the missing amounts.

Miami CompanyOrlando Company
Sales$200,000(D)
Cost of Goods Sold
  Beginning Inventory(A)60,000
  Purchases and Freight-In118,000(E)
  Cost of goods available for sale(B)180,000
  Ending Inventory4,0004,000
  Cost of goods sold120,000(F)
Gross Margin80,000224,000
Selling and Administrative Expenses(C)170,000
Operating Income24,000(G)


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Marked as best answer by BRWH on Jan 4, 2020

Hikerman221

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BRWH

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Reply 2 on: Jan 4, 2020
Great answer, keep it coming :)


aliotak

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Reply 3 on: Yesterday
Wow, this really help

 

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