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Business, 04.03.2021 21:30 ghernadez

Blossom Company reported cost of goods sold as follows. 2022 2021 Beginning inventory $ 32,380 $ 18,370 Cost of goods purchased 184,210 172,410 Cost of goods available for sale 216,590 190,780 Less: Ending inventory 39,050 32,380 Cost of goods sold $177,540 $158,400 Blossom Company made two errors: 1. 2021 ending inventory was overstated by $2,050. 2. 2022 ending inventory was understated by $5,300. Compute the correct cost of goods sold for each year. 2021 2022 The correct cost of goods sold $enter a dollar amount $enter a dollar amount

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Blossom Company reported cost of goods sold as follows. 2022 2021 Beginning inventory $ 32,380 $ 18,...
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