Accounting Homework 8

2 Exercises

 

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Unit 8 Check Figures

Problem 7-1A

1.        Cost of Merchandise Sold:  Total Cost= 894,000

2.       Inventory:  Total Cost=264,000

Problem 7-2A

1.       Cost of Merchandise Sold:  Total Cost= 912,000

2.       Inventory:  Total Cost=246,000