5.5 cost of goods sold under a periodic system\nhow do you calculate the cost of goods available for…

5.5 cost of goods sold under a periodic system\nhow do you calculate the cost of goods available for sale?\no by adding inventory to cost of goods purchased\no by adding beginning inventory to cost of goods purchased\no is unnecessary\no by adding freight - in to net purchases

5.5 cost of goods sold under a periodic system\nhow do you calculate the cost of goods available for sale?\no by adding inventory to cost of goods purchased\no by adding beginning inventory to cost of goods purchased\no is unnecessary\no by adding freight - in to net purchases

Answer

Brief Explanations:

The cost of goods available for sale is calculated by adding the beginning inventory (the value of inventory at the start of the period) to the cost of goods purchased during the period. This represents the total amount of goods that are available to be sold during that time - frame.

Answer:

by adding beginning inventory to cost of goods purchased