What amount should azur report as cost of goods sold


Problem

The following information pertained to Azur Co. for the year:

Purchases  

$ 102,800

Purchase discounts

10,280

Freight-in

15,420

Freight-out

5,140

Beginning inventory

30,840

Ending inventory

20,560

What amount should Azur report as cost of goods sold for the year?

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Financial Accounting: What amount should azur report as cost of goods sold
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