Cost of goods sold is given by: Multiple Choice
Beginning inventory − net purchases + ending inventory.
Beginning inventory + accounts payable − net purchases.
Net purchases + ending inventory − beginning inventory.

answer; ///i believe that the correct answer is (d) ///all of the

lbc corporation makes and sells a product called product wz. each unit of product wz requires 4.1 hours of direct labor at the rate of $20.00 per direct labor-hour. management would like you to prepare a direct labor budget for june. the company plans to sell 28,000 units of product wz in june. the finished goods inventories o