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If Beginning Inventory Was $20 000, Total Purchases for the Period

Question 10

Multiple Choice

If beginning inventory was $20 000, total purchases for the period were $80 000, freight-in was $4 000 and ending inventory was $45 000, the cost of sales for the period would be:


A) $59 000
B) $84 000
C) $51 000
D) $76 000

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