Question
3. Luke Company completed 60,000 units during the year at a cost of $900,000. The beginning finished goods inventory was 10,000 units at $140,000. Determine
3. Luke Company completed 60,000 units during the year at a cost of $900,000. The beginning finished goods inventory was 10,000 units at $140,000. Determine the cost of goods sold for 45,000 units, assuming a FIFO cost flow. (Worth 4 points)
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Auditing With The Computer
Authors: Wayne S. Boutell
1st Edition
0520363329, 978-0520363328
