Makena Corp. sells handcrafted table at craft fairs. Makena estimates his cost of goods sold...

60.1K

Verified Solution

Question

Accounting

image
Makena Corp. sells handcrafted table at craft fairs. Makena estimates his cost of goods sold for the month is $75,000. His beginning inventory for the month was $25,000 and he counted $125,000 worth of inventory at the end of the month. What was Makena's purchases for the month? O a. $175,000 O b. $75,000 OC. $25,000 O d. $50,000

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students