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Find what warlock cost of sales was

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Reference no: EM132728282

The following information was derived from the 2016 accounting records of WARLOCK Co.

                                     Central Warehouse.                 Goods Out on Consignment

Beginning Inventory         P 55,000                                    P 6,000
Purchases                   240,000                                         30,000
Freight-in                        5,000
Transportation to Consignees 2,500
Freight-out                        15,000                                     4,000
Ending Inventory                 72,500                                     10,000

Problem 1: What WARLOCK's 2016 Cost of Sales was?

Reference no: EM132728282

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