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Nash Marine Products began the year with 1 2 units of marine floats at a cost of $ 1 1 each. During the year, it

Nash Marine Products began the year with 12 units of marine floats at a cost of $11 each. During the year, it made the following
purchases: May 5,27 units at $17; July 16,18 units at $21; and December 7,23 units at $25. Assume there are 30 units on hand at th
end of the period. Nash uses the periodic system.
(a)
Determine the cost of goods sold under FIFO.
Cost of good sold $
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