Please help me with my accounting?
A sporting goods store purchased $7,000 of ski boots in October. The store had $3,000 of ski boots in inventory at the beginning of October, and expects to have $2,000 of ski boots in inventory at the end of October to cover part of anticipated November sales. What is the budgeted cost of goods sold for October?
a. $ 5,000.
b. $ 7,000.
c. $ 8,000.
d. $ 9,000.
e. $10,000.
c. $8000
CGS = init inventory – final inventory + purchases of goods during period
= 3000 – 2000 + 7000 = 8000
FOR SALE: Men’s Alpina Ski Boots Size ~10
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Racor Pro PS-2R Two Pair Ski and Pole Rack $8.01 A great addition to ski lockers and cabinets, this rack stores up to 3 pairs of skis and poles for easy access and quicker departure when it’s dumpin’ out there. Skis are supported at the tips so you can easily swing tails aside to fit boots in the bottom of the locker. Hang poles by their straps on two center hooks. The hooks also work great as coat and glove hangers when there’s just one pair of… |
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Racor Pro SR-2R Two Pair Ski Storage Rack for Skis, Boots and Poles $47.99 The ultimate in ski, pole and boot storage, this rack mounts to just about any wall to house 2 pair of skis, boots, and poles for easy access. The rack accommodates both Alpine and Nordic gear, with a space up high for boots dry easily if the rack is mounted near an outlet for plug-in boot heaters. Made of sturdy solid steel construction and a durable epoxy finish, the rack ensures optimal stabili… |
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Sales Models For Your Ski Boots Online Business … |
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