Filmore Enterprises The following information is from Filmore's 2012 accounting records. Sales $182,000 Beginning inventory 28,800 Purchases 126,500 Gross profit percentage 40% Refer to the information provided for Filmore Enterprises. Using the gross profit method, estimate Filmore's cost of goods sold at year-end
A) $109,200
B) $102,900
C) $72,800
D) $78,200
A
Business
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