Question
Summertime had the following data for the month of March: Beginning inventory March 1 276 units at $19 per unit March 19 purchase 194
Summertime had the following data for the month of March: Beginning inventory March 1 276 units at $19 per unit March 19 purchase 194 units at $23 per unit March 27 purchase 198 units at $30 per unit On March 31, 310 units are still on hand. Determine the cost of goods sold for March if Summertime uses the FIFO method.
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Horngrens Accounting
Authors: Tracie L. Miller nobles, Brenda L. Mattison, Ella Mae Matsumura
12th edition
9780134487151, 013448715X, 978-0134674681
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