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Nevis Corporation manufactures and sells a single product. In preparing the budget for the first quarter, the company's cost accountant has assembled the following information.

image text in transcribed Nevis Corporation manufactures and sells a single product. In preparing the budget for the first quarter, the company's cost accountant has assembled the following information. The company uses the first-in, first-out method to report its inventory of finished goods. Required: a. Compute the planned production of finished goods (in units). b. Compute the cost of finished goods manufactured. c. Compute the finished goods inventory, March 31. d. Compute the cost of goods sold

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