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Home Q & A Board Other Fields Homework Help Business Accounting
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bernie2981 bernie2981
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8 years ago
Compute the missing amounts.

   Miami Company   Orlando Company
Sales   $300,000   (D)
Cost of Goods Sold       
   Beginning Inventory   (A)   65,000
   Purchases and Freight-In   119,000   (E)
   Cost of goods available for sale   (B)   192,000
   Ending inventory   5,000   3,000
   Cost of goods sold   115,000   (F)
Gross Margin   185,000   124,000
Selling and Administrative Expenses   (C)   90,000
Operating Income   32,000   (G)
Textbook 
Managerial Accounting

Managerial Accounting


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nucleinuclei
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bernie2981 Author
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#2
8 years ago
Answers my question perfectly.
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