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MMLU-Pro / 402 / McLevin'sSporting Goods Shop started the month of December with an inventory…

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

McLevin'sSporting Goods Shop started the month of December with an inventory worth 27,300.Duringthemonth,itmadeadditionalpurchasesofskatinggoodsfor27,300. During the month, it made additional purchases of skating goods for 3,940 and ski equipment costing 6,340.Someoftheskiequipmentwasdamaged,and6,340. Some of the ski equipment was damaged, and 210 worth was returned by McLevin'sfor credit. At the end of the month the shop had made sales totaling 26,800andhadamerchandiseinventoryvaluedat26,800 and had a merchandise inventory valued at 22,300. a. Find the cost of goods sold. b. Find the gross profit.
Plain-text mathematical notation (without MathML)
McLevin'sSporting Goods Shop started the month of December with an inventory worth 27,300.Duringthemonth,itmadeadditionalpurchasesofskatinggoodsfor3,940 and ski equipment costing 6,340.Someoftheskiequipmentwasdamaged,and210 worth was returned by McLevin'sfor credit. At the end of the month the shop had made sales totaling 26,800andhadamerchandiseinventoryvaluedat22,300. a. Find the cost of goods sold. b. Find the gross profit.
Original LaTeX notation
McLevin'sSporting Goods Shop started the month of December with an inventory worth $27,300. During the month, it made additional purchases of skating goods for $3,940 and ski equipment costing $6,340. Some of the ski equipment was damaged, and $210 worth was returned by McLevin'sfor credit. At the end of the month the shop had made sales totaling $26,800 and had a merchandise inventory valued at $22,300. a. Find the cost of goods sold. b. Find the gross profit.

category

business

options

  1. Cost of goods sold: $15,070, Gross profit: $11,730
  2. Cost of goods sold: $15,570, Gross profit: $11,230
  3. Cost of goods sold: $16,570, Gross profit: $10,230
  4. Cost of goods sold: $14,070, Gross profit: $12,730
  5. Cost of goods sold: $13,570, Gross profit: $13,230
  6. Cost of goods sold: $15,070, Gross profit: $10,730
  7. Cost of goods sold: $16,070, Gross profit: $10,730
  8. Cost of goods sold: $14,470, Gross profit: $12,330
  9. Cost of goods sold: $14,570, Gross profit: $12,230
  10. Cost of goods sold: $17,070, Gross profit: $9,730

src

stemez-Business

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Source and history

upstream_id / Original problem ID
402
task_id
a383e44f-ba09-5631-8e98-d1bff188bad1
task_key
default--test--402
task_revision_id
1
config / split
default / test

Official source

initial import