Business, 20.03.2020 23:15 dianekobasher

A company using the periodic inventory system has inventory costing $145 on hand at the beginning of a period. During the period, merchandise costing $576 is purchased. At year-end, inventory costing $314 is on hand. The cost of goods sold for the year is:.
a. $288.
b. $152.
c. $492.
d. $356.

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A company using the periodic inventory system has inventory costing $145 on hand at the beginning of...