Beginning Inventory $60,000 Cost of goods purchased $100,000 Ending inventory $50,000 Cost of goods sold ? a)210,000 b)110,000 c)90,000 d)160,000

beginning inventory plus cost of goods purchased equal cost of sales and when we deduct ending inventory we gets the cost of goods sold

b)110,000

beginning inventory + cost of goods purchased - ending inventory

60,000 +100,000 -50,000 =110,000

b)$110000 is correct answer.                         

The Correct option is b)110,000

b) $110,000 is the cost of goods sold.

b) $110,000

Cost of goods sold/ Cost of sales:

Opening Inventory                   60,000

Add Purchases                      100,000

Cost of goods available      160,000

Less Closing inventory          50,000

                                                 110,000

b)cost of goods sold $110000