u 9The company has these parties of goods on hand: 10x1.000 TL; 20x900 TL; 10x800 TL; 10x700 TL.If 35 items are sold with 20% profit margin (COGS +20% Profit), what is COGS and SalesnüzvaplanmadıRevenue in LIFO?L00 üzerindenretlenmişa. COGS: 28.500 TL; Sales Revenue: 34.200 TLSoruyub. COGS: 14.500 TL; Sales Revenue: 17.400 TLretlec. COGS: 11.000 TL; Sales Revenue: 13.200 TLd. COGS: 32.000 TL; Sales Revenue: 38.400 TL

Last in first out (LIFO) is a method used for inventory account. In this method the last stock…

The company has these parties of goods on hand: 10x1.000 TL; 20x900 TL; 10x800 TL; 10x700 TL. If 35 items are sold with 20% profit margin (COGS +20% Profit), what is COGS and Sales Revenue in LIFO? O a. COGS: 28.500 TL; Sales Revenue: 34.200 TL O b. COGS: 14.500 TL; Sales Revenue: 17.400 TL O c. COGS: 11.000 TL; Sales Revenue: 13.200 TL O d. COGS: 32.000 TL; Sales Revenue: 38.400 TL

The company has these parties of goods on hand: 10x1.000 TL; 20x900 TL; 10x800 TL; 10x700 TL. If 35 items are sold with 20% profit margin (COGS +20% Profit), what is COGS and Sales Revenue in LIFO? O a. COGS: 28.500 TL; Sales Revenue: 34.200 TL O b. COGS: 14.500 TL; Sales Revenue: 17.400 TL O c. COGS: 11.000 TL; Sales Revenue: 13.200 TL O d. COGS: 32.000 TL; Sales Revenue: 38.400 TL

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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