What would the cost of goods sold be if the cost of goods available for sale...
What would the cost of goods sold be if the cost of goods available for sale totaled $650.00 and the ending inventory totaled $86.00?
Homework Answers
Cost of goods sold=Cost of goods available for sale - Ending inventory
=$650.00 - $86.00
=$564.00
Therefore, the cost of goods sold would be $564.00.
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