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ACCT 346 Copy of Cost_Concepts_MTQ4_Q2

ACCT 346 Copy of Cost_Concepts_MTQ4_Q2 - $50,000 $230,000...

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Freight in $30,000 Purchases $75,000 Advertising $35,000 Salaries – Sales staff $90,000 Sales $280,000 Property Taxes - Store $10,500 Insurance - Store $8,000 $55,000
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Unformatted text preview: $50,000 $230,000 Merchandise Inventory, year end Cost of Goods Sold = Purchases + Freight-In-Yr. end Inventory Gross Margin = Sales -Cost of Goods Sold...
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