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How To Calculate Cost Of Sales Given Sales And Selling Price?

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    If u are given selling price of R37,20, mark up % of 33,3%- calculate cost of sales
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    Guest 

    answered 9 months ago

      Compute the cost assigned to ending inventory using FIFO, LIFO, Specific identification: The units sold consist of 490 units from beginning inventory, 310 units from the february 10 purchase, 150 from the march 13 purchase, 90 from the august 21 purchase and 210 from the Sept 5 purchase
      FIFO
      Cost of goods available for sale  80,180
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      Guest

      Guest 

      answered 6 months ago

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