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Requirement 4. Beginning Finished Goods Inventory had 150 units that had a unit cost of $45 each. Ending Finished Goods Inventory has 175 units left.
Requirement 4. Beginning Finished Goods Inventory had 150 units that had a unit cost of $45 each. Ending Finished Goods Inventory has 175 units left. Using the results from Requirement 3, calculate cost of goods sold assuming FIFO inventory costing is used. + = Cost of Goods Sold of
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