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Cost of Goods Sold Nejedly Company completed 88,000 units during the year at a cost of $1,408,000. The beginning finished goods inventory was 8,000 units

Cost of Goods Sold

Nejedly Company completed 88,000 units during the year at a cost of $1,408,000. The beginning finished goods inventory was 8,000 units at $80,000. Determine the cost of goods sold for 62,000 units, assuming a FIFO cost flow.

($..............)

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