Answer:
The cost of these goods is $125,064
Explanation:
The computation of the cost of these goods is shown below:
= Purchase price - trade discount - trade discount
= $173,700 - $173,700 × 20% - ($173,700 - $34,740) × 10%
= $173,700 - $34,740 - $138,960 × 10%
= $173,700 - $34,740 - $13,896
= $125,064
hence, the cost of these goods is $125,064
And, the same is to be considered
We simply applied the above formula
