# Cost Of Goods Available For Sale

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As an example of the cost of goods available for sale, ABC International has \$1,000,000 of sellable inventory on hand at the beginning of January. During the month, it acquires \$750,000 of merchandise, and pays \$15,000 in freight costs to ship the merchandise from suppliers to its warehouse..

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OVERVIEW #6-1 Schedule of Cost of Goods Available Units Cost Total . Jan. 1 Beginning Inventory 60 @ \$10 = \$ 600 . Jan. @ 11 = 990.

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Cost of goods sold statement - definition, explanation, formula, calculation, and example of cost of goods sold. A free article from AccountingExplanation.com.

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The calculation of the cost of goods sold for a manufacturing company is: Beginning Finished Goods Inventory + Cost of Goods Manufactured = Finished Goods Available .

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The Sale of Goods Act 1979 is worth knowing in terms of what consumer rights it gives you and how you can resolve the situation, because not all shops can be relied .