Computing cost of goods purchased and cast of goods sold


Problem:

1. Computing cost of goods purchased and cast of goods sold. The following data are for Marvin Department Store. The account balances (in thousands) are for 2008.

1975_Marvin department store account balance.jpg

Compute (1) the cost of goods purchased and (2) the cost of goodssold.

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Cost Accounting: Computing cost of goods purchased and cast of goods sold
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