CourseLover

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    Devry University
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Category > Accounting Posted 13 Dec 2017 My Price 10.00

cost of goods sold for each company

Lewis Incorporated and Clark Enterprises report the following amounts for 2012.

 

  Lewis Clark
  Inventory (beginning) $ 14,000      $ 40,600     
  Inventory (ending) 6,600      49,900     
  Purchases 126,000      157,000     
  Purchase returns 3,000      48,900     

 

 12. Award:0 out of 10.00 points

Show correct answer

Required:
1. Calculate cost of goods sold for each company. (Omit the "$" sign in your response.)
  Cost of Goods Sold
  Lewis $ n/r      
  Clark $ n/r      

 

Answers

CourseLover
(12)
Status NEW Posted 13 Dec 2017 02:12 PM My Price 10.00

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