Question
Cavy Company completed 6,240 units during the year at a cost of $336,960. The beginning finished goods inventory was 1,370 units valued at $68,500. Assuming
Cavy Company completed 6,240 units during the year at a cost of $336,960. The beginning finished goods inventory was 1,370 units valued at $68,500. Assuming a FIFO cost flow, determine the cost of goods sold for 5,630 units.
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Accounting
Authors: Jonathan E. Duchac, James M. Reeve, Carl S. Warren
23rd Edition
978-0324662962
