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At the end of Jan, a company had an inventory of 775 units, which cost $12 per unit to produce. During Feb, the company produced
At the end of Jan, a company had an inventory of 775 units, which cost \$12 per unit to produce. During Feb, the company produced 900 units at a cost of $16 per unit. If the firm sold 1,500 units in Feb. Required: What was the firm's cost of goods sold for the period? Assume FIFO inventory accounting
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