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On December 31 of last year, Wolfson Corporation had 400 units in inventory of its product, which cost $21 per unit to produce. During January,
On December 31 of last year, Wolfson Corporation had 400 units in inventory of its product, which cost $21 per unit to produce. During January, the company produced 800 units at a cost of $24 per unit. Assuming Wolfson Corporation sold 700 units in January, what was the cost of goods sold (assume FIFO inventory method)? Cost of goods sold $
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