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    Question

    src="https://www.ixambee.com/questionimage/Chapter/1700140998-1.png" alt="" /> Cost of goods sold will be:
    A Rs. 30,000 Correct Answer Incorrect Answer
    B Rs. 35,000 Correct Answer Incorrect Answer
    C Rs. 40,000 Correct Answer Incorrect Answer
    D Rs. 32,000 Correct Answer Incorrect Answer

    Solution

    Cost of goods sold (COGS) = Opening inventory + purchases + direct expenses– closing inventory Here cost of goods sold = 8500 + 30700 + 4800 – 9000 = Rs. 35,000  

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