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Presented below are the components in determining cost of goods sold. Determine the missing amounts. Beginning Inventory Cost

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Answer #1

Beginning inventory+Purchases=Cost of goods available for sale

Cost of goods available for sale-Ending inventory=Cost of goods sold

Beginning inventory Purchases Cost of goods available for sale Ending inventory Cost of goods sold
89000 119,000 (89000+119,000)=$208,000 (208,000-129,000)=$79,000 129,000
58000 (123,000-58000)=$65,000 123,000 42,000 (123,000-42,000)=$81,000
(169,000-109,000)=$60,000 109,000 169,000 36,000 (169,000-36,000)=$133,000
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