### What is cost of goods available for sale

Assignment Help Accounting Basics
##### Reference no: EM132234568

Question - Page's sells books. The following information summarizes the company's operating expenses for the year:

Purchases \$105,400

Operating expenses \$53,800

Beginning merchandise inventory \$14,000

Ending merchandise inventory \$12,000

Sales revenue \$170,900

What is cost of goods available for sale?

A. \$119,400

B. \$65,500

C. \$103,400

D. \$117,400

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