Solution-What would have been the cost of goods sold

What would have been the cost of goods sold

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Question - On April 12, 2017 Dino's After School purchased $6,000 in inventory. Sales began to slow-down, so on May 12 they purchased only $2,000 worth of inventory. In June, with the start of summer when more customers are purchasing their inventory, they purchased $9,000 worth of inventory - June 20, 2017. If they had $4,780 of inventory remaining at the end of the first quarter, and sold $17,500 worth of inventory during the second quarter:

If there was no ending inventory from the first quarter, with the same levels of sales, what would have been the cost of goods sold during the second quarter?

Reference no: EM133185272

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What would have been the cost of goods sold

Reference no: EM133185272

Reference no: EM133185272

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