Tutty Fruity Beverage Company's operating activities for the year are listed below. Purchases $140,000 operating expenses...
Tutty Fruity Beverage Company's operating activities for the year are listed below.
Purchases $140,000
operating expenses 80,600
beginning inventory 12,400
ending inventory 18,800
sales revenue 300,900
what is the cost of goods sold for the year?
A. $140,100
B. $133,700
C. $152,500
D. $80,600
Homework Answers
Note: all the options given are incorrect
OPTION: $133600
EXPLANATION:
Cost of goods sold = beginning inventory + purchases - ending inventory
= $12400 + $140000 - $18800
= $133600
Add Answer to:
Tutty Fruity Beverage Company's operating activities for the
year are listed below.
Purchases $140,000
operating expenses...
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26.
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Challenge Tennis & Recreation's operating activities for the year are listed below. Purchases $174 comma 500...
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22.
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26.
USLIUI 2 2 pts Tuity Fruity Beverage Company's operating activities for the year are listed below. Purchases Operating expenses Beginning inventory Ending inventory Sales revenue $140,000 80,000 12,000 18,000 300,000 What is the cost of goods sold for the year? O $134,000 O $152,000 O $80,000 $140,000 o
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the year are listed below.
Purchases
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Operating expenses
62 comma 70062,700
Beginning inventory
27 comma 80027,800
Ending inventory
37 comma 40037,400
Sales revenue
333 comma 500333,500
What is the cost of goods sold for the year?
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22.
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