Question: Skeleton Company completed 200,000 units during the year at a cost of $ 3,000,000. The beginning finished goods inventory was 25,000 units at $ 310,000.

Skeleton Company completed 200,000 units during the year at a cost of $ 3,000,000. The beginning finished goods inventory was 25,000 units at $ 310,000. Determine the cost of goods sold for 210,000 units, assuming a FIFO cost flow.

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