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Presented is information related to Rogers Co. for the month of January 2011.
Presented is information related to Rogers Co. for the month of January 2011.Ending inventory per perpetual records$21,600Ending inventory actually on hand21,000Cost of goods sold218,000Freight-out7,000Insurance expense12,000Rent expense20,000Salary Expense61,000Sales Discounts10,000Sales Returns and Allowances13,000Sales350,000