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Problem 4 - 1 1 ( Algo ) Cost of goods sold - FIFO [ LO 4 - 2 ] On December 3 1 of
Problem Algo Cost of goods soldFIFO LO
On December of last year, Wolfson Corporation had in inventory units of its product, which cost $ per unit to produce. During January, the company produced units at a cost of $ per unit.
Assuming that Wolfson Corporation sold units in January, what was the cost of goods sold? Assume FIFO inventory accounting.
tableCost of goods sold,$
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