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Swanson,Inc A)$24,200
B)$19,800
C)$23,700
D)$26,000

question 10

Multiple Choice

Swanson,Inc.uses a periodic inventory system.From the following details,calculate the cost of goods sold.  Beginning merchandise inventory $2,000 Ending merchandise inventory 2,300 Purchases 22,000 Purchase Discounts 700 Purchase Returns and Allowances 1,500 Freight In 4,200\begin{array} { | l | r |} \hline \text { Beginning merchandise inventory } & \$ 2,000 \\\hline \text { Ending merchandise inventory } & 2,300 \\\hline \text { Purchases } & 22,000 \\\hline \text { Purchase Discounts } & 700 \\\hline \text { Purchase Returns and Allowances } & 1,500 \\\hline \text { Freight In } & 4,200 \\\hline\end{array}


Definitions:

Secondary Xylem

The part of a plant that contributes to wood formation, resulting from the division of cambium cells and providing structural support and water transport.

Cork Cells

Specialized cells in the bark of a plant that are dead at maturity and serve to protect and waterproof the plant.

Collenchyma

Living cells with moderately but unevenly thickened primary cell walls; collenchyma cells help support the herbaceous plant body.

Xylem

Xylem is the type of plant tissue responsible for the transport of water and nutrients from the roots to the leaves and stems, playing a critical role in plant vascular systems.

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