2.03.2 Cost of Goods Sold (2)

Question 問題
XYZ Corporation, a clothing retailer, showed the following expenses in 2018:
Clothing purchased for resale -- $72,000
Freight-in -- $3,550
Freight out to customers -- $1,750
Beginning inventory -- $55,650
Ending inventory -- $42,500
What is XYZ's cost of goods sold?

A. $88,700

B. $175,450

C. $90,450

D. $86,900

The correct answer is 正解は、[A. $88,700]
= $72,000 + $3,550 + $55,650 - $42,500
"Freight-in"は仕入金額に加算しますが"Freight out"は販売費及び一般管理費として処理します。