Use the following data to calculate the cost of merchandise sold:
sales: $80,000
beginning inventory: $5,000
purchase: $21,800
purchase discounts: $790
ending inventory: $5,100

a. $21,650
b. $20,190
c. $21,560
d. $20,910

Cost of merchandise sold is $20,910

Step-by-step explanation:

To get the cost of merchandising we use the following data:

Beginning inventory: $5,000

Purchase: $21,800

Purchase discounts: $790

Ending inventory: $5,100

Sales are not included when we calculate the cost.  

Cost =Beginning inventory+Purchase-discounts-Ending inventory=

Cost=$5,000 +$21,800 -$790-$5,100=$20,910

2 is the final ! : )