The companys beginning merchandise inventory was 17000 and


Gabert Inc. is a merchandising company. Last month the company"s merchandise purchases totaled $68,000. The company"s beginning merchandise inventory was $17,000 and its ending merchandise inventory was $13,000. What was the company"s cost of goods sold for the month?

A) $72,000
B) $68,000
C) $98,000
D) $64,000

 

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Cost Accounting: The companys beginning merchandise inventory was 17000 and
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