At the end of June, Cedar had an inventory of 650 units  Each unit had a production cost of $10 comprised of $7 Latour and $3 raw materials Sales estimated unit sales of 1,200 units for the month of July assuming equal sales volume a assuming a minimum finished goods inventory of 500 units, how many units will need to be produced in July and how much is COGS for July  assuming the staff receive a raise of 10% starting July 1 what is the COGS for July and the value of the finished goods inventory at July 31 using LIFO assuming the staff receive a raise of 10% starting July 1 what is the COGS for July and the value of the finished goods inventory at July 31 using weighted average

Answer rating: 100% (QA)

Lets break down the given information and solve for the required values 1 Units to be produced in Ju... View the full answer