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A firm has beginning inventory of 350 units at a cost of $10 each. Production during the period was 670 units at $13 each. If

A firm has beginning inventory of 350 units at a cost of $10 each. Production during the period was 670 units at $13 each. If sales were 780 units, what is the cost of goods sold (assume FIFO)?

a) $9,090

b) $8,890

c) $9,390

d) $9,290

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