Ruggeri Corporation reported the following data for the month of July:
-The cost of goods sold for July was:
A) $196,000
B) $120,000
C) $148,000
D) $244,000

Question

Ruggeri Corporation reported the following data for the month of July: 
-The cost of goods sold for July was:
A) $196,000 
B) $120,000 
C) $148,000 
D) $244,000

Quizplus · Accepted Answer

The cost of goods sold (COGS) is typically calculated based on inventory and sales data. Without additional context or data, the correct answer is assumed to be the one provided as correct in the source material.

Ruggeri Corporation Reported the Following Data for the Month of July