How much is the total COGS of JSD Corp

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Reference no: EM132653020

Question - JSD Corp at the start of the year has a total of 350 units of inventory costing Php100.00 per unit. During the year the company purchase a total of 10,000 units of inventory amounting to Php110.00 each with a total freight-in costs of Php20,000.00. A discount of Php50,000.00 was availed by the company for purchasing bulk orders and returned a total of Php22,000.00 worth of inventory. End of the year inventory count shows that the business still have a total of 500 units at Php110.00 each. How much is the total COGS of JSD Corp?

Reference no: EM132653020

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