Home / Questions / Compute the missing amounts. Miami Company Orlando Company Sales $200,000 (D) Cost

Compute the missing amounts. Miami Company Orlando Company Sales $200,000 (D) Cost

 Compute the missing amounts.

 

Miami Company

Orlando Company

Sales

$200,000

(D)

Cost of Goods Sold

 

 

   Beginning Inventory

(A)

60,000

   Purchases and Freight-In

118,000

(E)

   Cost of goods available for sale

(B)

180,000

   Ending Inventory

4,000

4,000

   Cost of goods sold

120,000

(F)

Gross Margin

80,000

224,000

Selling and Administrative Expenses

(C)

170,000

Operating Income

24,000

(G)A

Dec 07 2019 Read more Less More

Answer (UnSolved)

question Subscribe To Get Solution

Recent Questions

Chat Now

Welcome to Live Chat

Welcome to MyCourseHelp Services, World's leading Academic solutions provider with Millions of Happy Students.

Please fill in the form