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Inventory and COGS Analysis Report by aleywaley is a document available to read on EtoBox.

1. The Grace Company had a beginning inventory of $500,000 and net purchases of $2,500,000. Its ending inventory was $600,000 but a physical count found $575,000, leaving $25,000 missing. 2. The Kean Company had beginning inventory of $5,000,000 and purchases of $26,000,000 plus freight. Its cost of goods sold was $22,200,000 at a 60% cost ratio. Its ending inventory was $5,800,000. 3. The Bourne Company had beginning inventory of $1,650,000 at cost and $2,200,000 at retail. Its net purchases were $3

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aleywaley

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EN