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If we get it inventory is 26,300 purchases 139,000 739,500 what is cost of good sold...

If we get it inventory is 26,300 purchases 139,000 739,500 what is cost of good sold as determined by the cost of good sold model
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Answer #1
Statement of Cost of Goods Sold
Amount
Current manufacturing costs:
Opening Stock $               26,300
Add: Purchases $           8,78,500
Raw material used $           9,04,800
Less: Closing Stock $                        -  
Cost of Goods Sold $           9,04,800
Answer = COGS = $ 904,800
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