Skeleton Company completed 200,000 units during the year at a cost of $ 3,000,000. The beginning finished

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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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Financial and Managerial Accounting

ISBN: 978-1285078571

12th edition

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

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Question Posted: Jun 24, 2015 07:59 AM

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Skeleton Company completed 200,000 units during the year at a cost of $ 3,000,000. The beginning finished

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