During the months of January and February, Axe Corporation purchased goods from three suppliers. The sequence...

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During the months of January and February, Axe Corporation purchased goods from three suppliers. The sequence of events was a

business accounting

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Answer 1

Answer #1

Only inventory purchased from Munoz is eligible for discount

Cost of inventory

= (2000-2.5%) + 850 + 750

= 1950 + 850 + 750

= 3550

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Answer 2

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