8 Inventory Costing Methods That You Might Not Know About
EMERGE App
OCTOBER 25, 2018
And $1,000 owed to the warehouse for storage costs. Melissa sells handicrafts from Mauritius at various festivals and fairs in Hawaii. George sells hand-painted beads imported from Peru. Michael eventually received a bid of $25,000 for all his obsolete stock from a retail liquidator. 25,000 – ($3,000 + $1,000) = $21,000.
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