From the following details of a merchandiser,calculate the cost of goods sold.(Assume the merchandiser uses the periodic inventory system. ) 
Definitions:
Labor Problem
Issues and conflicts arising in the workforce, including disputes over wages, working conditions, and workers' rights.
Scientific Management
A theory of management that analyzes and synthesizes workflows to improve economic efficiency, especially labor productivity, introduced by Frederick W. Taylor.
Bargaining Power
The capacity of one party to dominate negotiations due to their resources, status, or strategic position.
Collective Bargaining
The process whereby union representatives and employers negotiate labor contracts pertaining to wages, hours, benefits, and working conditions.
Q11: Third Avenue Furniture began June with merchandise
Q30: In a period of rising costs,the last-in,first-out
Q36: Martinville,Inc.earned revenues of $18,000 and incurred expenses
Q72: Property,plant,and equipment are _.<br>A)presented in order of
Q74: The following is the adjusted trial balance
Q107: A purchase discount is the amount offered
Q114: The Cost of Goods Sold account is
Q158: Unearned Revenue is classified as a(n)_ account.<br>A)liability<br>B)asset<br>C)revenue<br>D)equity
Q167: A company using the perpetual inventory system
Q254: An adjusted trial balance is given below.<br><img