# Northwest Fur Co. started 2013 with $111,000 of merchandise inventory on hand. During 2013,$520,000 in...

 Northwest Fur Co. started 2013 with $111,000 of merchandise inventory on hand. During 2013,$520,000 in merchandise was purchased on account with credit terms of 1/15, n/45. All discounts were taken. Purchases were all made f.o.b. shipping point. Northwest paid freight charges of $8,400. Merchandise with an invoice amount of$4,900 was returned for credit. Cost of goods sold for the year was $377,000. Northwest uses a perpetual inventory system. Assuming Northwest uses the gross method to record purchases, what is the cost of goods available for sale? ## Answers #### Similar Solved Questions 1 answer ##### 2. 21.41 What volume of hydrogen and nitrogen are required to produce 20.0 L of ammonia... 2. 21.41 What volume of hydrogen and nitrogen are required to produce 20.0 L of ammonia (all gases at STP)? 3. Acetylene (C2H2) burns in oxygen to form carbon dioxide and water. How many liters of oxygen (at STP) are needed to burn 25.0 L of acetylene at STP)? 4. Acetylene (C2H2) burns in oxygen to ... 1 answer ##### Find the mean and standard deviation of the specified probability density function. f(x) = 001 -... Find the mean and standard deviation of the specified probability density function. f(x) = 001 - for [12, 20] O A. u = 15, o = 2.31 B. u = 1.6, o = 2.29 O c. u = 16, o = 2.31 OD. u = 15.5, o = 2.28... 1 answer ##### Two cards are drawn without replacement from an ordinary deck of 52 playing cards Two cards are drawn without replacement from an ordinary deck of 52 playing cards. What is the probability that both are spades if the first card drawn was a spade?... 1 answer ##### A beam of unpolarized light with intensity of I_0 passes through a series of four 100%... A beam of unpolarized light with intensity of I_0 passes through a series of four 100% polarizing filters. The first filter is oriented vertically. The second is rotated 30 degree from the first. The third is rotated an additional 30 degree in the same direction. The fourth filter is vertical. Deter... 1 answer ##### Your roommate recently got an amoxicillin prescription from the Health Center for their sinus infection-like symptoms,... Your roommate recently got an amoxicillin prescription from the Health Center for their sinus infection-like symptoms, and you see that he don’t take it particularly regularly. In fact, he throws out the half-empty bottle when he’s feeling better. You call him reckless, and your roommate... 1 answer ##### Page 1 M155/Beebe/S19 TEST 3 MULTIPLE CHOICE. Choose the one alternative that best completes the statement... page 1 M155/Beebe/S19 TEST 3 MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 5 POINTS APIECE. (Circle answers.) For problems 1 and 2, do one of the following, as appropriate, to calculate a confidence interval for the given confidence level: (a)... 1 answer ##### Part B please (13% Problem 1: The Moon's craters are remnants of meteorite collisions. Suppose a... Part B please (13% Problem 1: The Moon's craters are remnants of meteorite collisions. Suppose a fairly large asteroid that has a mass of 5.25 x 102 kg (such an asteroid is about a kilometer across) strikes the Moon at a speed of 14 km/s relative to the Moon 50% Part (a) At what speed, in meter... 1 answer ##### Social networking is becoming more and more popular around the world. Pew Research Center used a... Social networking is becoming more and more popular around the world. Pew Research Center used a survey of adults in several countries to determine the percentage of adults who use social networking sites (USA Today, February 8, 2012). Assume that the results for surveys in Great Britain, Israel, Ru... 2 answers ##### On January 2, Carlton, Inc., issued 100 shares of$10 par value common stock for cash...
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