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At the end of January, Higgins Data Systems had an inventory of 850 units, which cost $15 per unit to produce. During February the company

At the end of January, Higgins Data Systems had an inventory of 850 units, which cost $15 per unit to produce. During February the company produced 1,340 units at a cost of $18 per unit.

If the firm sold 1,350 units in February, what was its cost of goods sold? (Assume LIFO inventory accounting.)

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