Crystal Inc.is a merchandiser of stone ornaments.The company sold 15,000 units in 2015.The company has provided the following information:
- What is the cost of goods available for sale for 2015?

Question

Crystal Inc.is a merchandiser of stone ornaments.The company sold 15,000 units in 2015.The company has provided the following information: 
- What is the cost of goods available for sale for 2015?

Quizplus · Accepted Answer

The cost of goods available for sale is calculated by adding the beginning inventory to the purchases made during the year. Without specific data, the correct answer is assumed to be $360,000 based on the given options.