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If Beginning Inventory Was $10 000,purchases During the Period Totalled

Question 17

Multiple Choice

If beginning inventory was $10 000,purchases during the period totalled $25 000,freight-in was $1,000 and ending inventory was $11 000,calculate the cost of sales?


A) $26 000
B) $25 000
C) $24 000
D) $15 000

Correct Answer:

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