A company has a beginning inventory of 260 units at a cost of $9 each. Production during
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A company has a beginning inventory of 260 units at a cost of $9 each. Production during the period was 600 units at $12 each. If sales were 720 units, what is the cost of goods sold (assuming FIFO)?
Related Book For
Managerial Accounting
ISBN: 978-1259307416
16th edition
Authors: Ray Garrison, Eric Noreen, Peter Brewer
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