Find the best answers to your questions at Westonci.ca, where experts and enthusiasts provide accurate, reliable information. Explore in-depth answers to your questions from a knowledgeable community of experts across different fields. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

6. During year 1, the sales and Cost of goods sold were Ghs.1,200,000 and
Ghs. 860,000 respectively. Next year, the sales are expected to increase by
10%. The Cost of goods sold for next year would be:
a. Ghs 860,000,
b. Ghs. 980,000,
c. Ghs 946,000
d. Ghs 880,000


Sagot :

946,000

Explanation:

sales increment reflect to the COGS with the same percent, so it will be 10%

expected COGS = Last year ( 980,000 ) + 10% ( 86,000 ) = 946,000

Thank you for visiting our platform. We hope you found the answers you were looking for. Come back anytime you need more information. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. We're dedicated to helping you find the answers you need at Westonci.ca. Don't hesitate to return for more.