Final answer:
The cost of goods sold for the month is calculated by adding the beginning inventory to the purchases and subtracting the ending inventory. Assuming there was no ending inventory, the COGS for this month would be $25,000.
Step-by-step explanation:
To calculate the cost of goods sold (COGS) for the month, we start with the beginning inventory, add the purchases made during the month, and then subtract the ending inventory (if it had been provided).
Since the ending inventory isn't given in the question, we'll presume it is zero for simplicity or has been fully sold in the sales for the month. So, the cost of goods sold would be calculated as the beginning inventory of $10,000 plus the purchases of $15,000, totaling $25,000. Assuming that all purchased inventory was sold along with the beginning inventory, the COGS would then be equal to this total amount, as we've ignored any other expenses or potential ending inventory.