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Cost of Goods Sold Nejedly Company completed 56,000 units during the year at a cost of $784,000. The beginning finished goods inventory was 8,000 units
Cost of Goods Sold Nejedly Company completed 56,000 units during the year at a cost of $784,000. The beginning finished goods inventory was 8,000 units at $80,000. Determine the cost of goods sold for 38,000 units, assuming a FIFO cost flow.
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