Explore BrainMass

West Company - Cost of Goods

I need some assistance with the file.

West Company has the following account balances:
Purchases $35,000
Sales Returns and Allowances 4,000
Purchase Discounts 2,500
Freight-in 1,875
Delivery Expense 2,500

The cost of goods purchased for the period is
a. $37,500
b. $34,375
c. $36,875
d. $32,875

Solution Summary

Word document attached shows how to pick the cost of goods from multiple answers for the given data on the West company.