Metro Computer Company had the following balances and transactions during 2014. What would the Cost of goods sold be as reported on the income statement at December 31, 2014 if the perpetual First-In, First-Out costing method is used? (Answers are rounded to the nearest dollar.)

Question

Metro Computer Company had the following balances and transactions during 2014.  What would the Cost of goods sold be as reported on the income statement at December 31, 2014 if the perpetual First-In, First-Out costing method is used? (Answers are rounded to the nearest dollar.)

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The Answer of Metro Computer Company had the following balances and transactions during 2014.  What would the Cost of goods sold be as reported on the income statement at December 31, 2014 if the perpetual First-In, First-Out costing method is used? (Answers are rounded to the nearest dollar.)

Metro Computer Company Had the Following Balances and Transactions During