Question
Cavy Company completed 5,060 units during the year at a cost of $278,300. The beginning finished goods inventory was 1,110 units valued at $56,610.
Cavy Company completed 5,060 units during the year at a cost of $278,300. The beginning finished goods inventory was 1,110 units valued at $56,610. Assuming a FIFO cost flow, determine the cost of goods sold for 4,570 units.
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Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
23rd Edition
978-0324662962
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