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To calculate the cost of merchandise purchased, you start with the beginning inventory value, add any purchases made during the period, and then subtract the ending inventory value. The formula can be expressed as: Cost of Merchandise Purchased = (Beginning Inventory + Purchases) - Ending Inventory. This calculation helps businesses determine the total cost of goods available for sale during a specific period.

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Formula in cost of merchandise purchased?

The cost of merchandise purchased can be calculated using the formula: Cost of Merchandise Purchased = Ending Inventory + Cost of Goods Sold - Beginning Inventory. This formula helps determine how much inventory was acquired during a specific period by accounting for what was sold and what was already on hand. It is essential for managing inventory and understanding financial performance.


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