Oriole Toys Company has a balance in inventory of $626200 at the beginning...

50.1K

Verified Solution

Question

Accounting

Oriole Toys Company has a balance in inventory of $626200 at the beginning of the month. During the month Oriole purchases additional inventory of $7662900. Oriole has sales during the month of $9876300 with a related cost of goods sold on these sales of $7392800. What is Oriole's ending inventory at the end of month?
image

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