The following information is available for work compan for 2019: Freigth-in  33,000 Purchase returns 65,000 Selling expenses 390,000 Ending inventory 180,000 the cost of goods sold is equal to 300% of selling expenses instruction what is the cost of goods available for sale?

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter5: The Income Statement And The Statement Of Cash Flows
Section: Chapter Questions
Problem 2MC: The following information is available for Cooke Company for the current year: The gross margin is...
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The following information is available for work compan for 2019:

Freigth-in  33,000
Purchase returns 65,000
Selling expenses 390,000
Ending inventory 180,000

the cost of goods sold is equal to 300% of selling expenses

instruction

what is the cost of goods available for sale?

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