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At the end of January, Medical Products Corp. had 6 2 5 units in inventory, which cost $ 1 5 to produce. During February, the
At the end of January, Medical Products Corp. had units in inventory, which cost $ to produce. During February, the firm produced units at a cost of $ per unit. If the firm sold units in February, what was the cost of goods sold?
a Assume FIFO inventory accounting.
b Assume LIFO inventory accounting.
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