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Ance design company ended 2012 (began 2013) with inventory valued at $2,646,000 (specifically 12,600 units...

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Finance

Ance design company ended 2012 (began 2013) with inventory valued at $2,646,000 (specifically 12,600 units at $210 per unit). During 2013, ance purchased 368,200 units of inventory at a constant cost of $210 per unit. Ance actually sold 374,500 units in 2013 at a constant price per unit of $250. What did ance report as COGS on its 2013 I come statement?

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