Berlin Company completed 90,000 units during the year at a cost of $900,000. The beginning finished goods

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Berlin Company completed 90,000 units during the year at a cost of $900,000. The beginning finished goods inventory was 10,000 units at $75,000. Determine the cost of goods sold for 70,000 units, assuming a FIFO cost flow.

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Accounting

ISBN: 978-0324401844

22nd Edition

Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac

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