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What is the BOM (beginning of the month inventory) for each month?
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Elementary School Teacher
To find the beginning of the month inventory, you add the ending inventory to the cost of goods sold then subtract the cost of new inventory. Your "net sales" represents your cost of goods, and your ending inventory is the unsold inventory from the previous month.
Posted by karythcara on August 26, 2013 at 9:51 AM (Answer #2)
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