Solution-What was unit cost of goods sold

What was unit cost of goods sold

Reference no: EM13850421

At the end of January, Lemon Auto Parts had an inventory of 825 units, which cost $12 per unit to produce. During February the company produced 750 units at a cost of $16 per unit. If the firm sold 1,050 units in February, what was its cost of goods sold? a. Assume LIFO inventory accounting. b. Assume FIFO inventory accounting.

Reference no: EM13850421

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What was unit cost of goods sold : During February the company produced 750 units at a cost of $16 per unit. If the firm sold 1,050 units in February, what was its cost of goods sold? a. Assume LIFO inventory accounting. b. Assume FIFO inventory accounting.

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What was unit cost of goods sold

Reference no: EM13850421

Reference no: EM13850421

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