The following information is for Wildhorse Inc. for the year 2022: Sales in 2022 were 313,000 pairs of gloves for $21 pe
Posted: Sun Jul 03, 2022 1:15 pm
The following information is for Wildhorse Inc. forthe year 2022:
Sales in 2022 were 313,000 pairs of gloves for$21 per pair.
(a)
What is the cost of goods sold for 2022? (Roundcost per unit to 2 decimal places, e.g. 15.25 and final answer to 0decimal places, e.g. 125.)
b. What is the amount of the Gross Profit for2022?c. What is the cost of the finished goods ending inventory for2022?
Sales in 2022 were 313,000 pairs of gloves for$21 per pair.
(a)
What is the cost of goods sold for 2022? (Roundcost per unit to 2 decimal places, e.g. 15.25 and final answer to 0decimal places, e.g. 125.)
b. What is the amount of the Gross Profit for2022?c. What is the cost of the finished goods ending inventory for2022?