Question

e Chapter 6 Homework X C Search Rex DOOR SONDURSL A e newconnect.mheducation.com Connect Chapter 6 Homework Supply the missing dollar amounts for each of the following independent cases: Total Available Ending Cost of Inventory Goods Sold $ 25 Gross Profit Income from Operations Sales Beginning Purchases Revenue Inventory $ 6,500 $ 2,000 $ 225 2,050 1,350 1,650 1050 2 ,150 1,650 Selling and General Expenses $ 675 625 1,100 725 475 1,150 1,550 D 1,150 1,250 575 < Prev 2 of 14 i Next >

Answer 1

Correct Answer:

	Sales Revenue	Beginning inventory	purchases	total available	Ending inventory	Cost of goods sold	Gross profit	selling and general expenses	income from operations
A	$             6,500	$              2,000	$                  225	$              2,225	$                  25	$      2,200	$                4,300	$                    675	$         3,625
B	$             2,050	$              1,350	$              1,650	$              3,000	$            2,050	$          950	$                1,100	$                    625	$             475
C	$             2,700	$              1,050	$              1,250	$              2,300	$            1,150	$      1,150	$                1,550	$                1,100	$             450
D	$             2,150	$                  500	$              1,650	$              2,150	$            1,300	$          850	$                1,300	$                    725	$             575

End of answer.

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