What is the cost of goods sold

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Question - A firm has beginning inventory of 300 units at a cost of $11 each. Production during the period was 650 units at $12 each. If sales were 700 units, what is the cost of goods sold (assume FIFO)?

Reference no: EM133099832

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What is the cost of goods sold : Production during the period was 650 units at $12 each. If sales were 700 units, what is the cost of goods sold (assume FIFO)
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