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On December 31 of last year, Wolfson Corporation had 670 units in inventory of its product, which cost $18 per unit to p
Posted: Wed Mar 30, 2022 3:47 pm
by answerhappygod
- On December 31 Of Last Year Wolfson Corporation Had 670 Units In Inventory Of Its Product Which Cost 18 Per Unit To P 1 (30.8 KiB) Viewed 55 times
On December 31 of last year, Wolfson Corporation had 670 units in inventory of its product, which cost $18 per unit to produce. During January, the
company produced 990 units at a cost of $21 per unit. Assuming Wolfson Corporation sold 1,170 units in January, what was the cost of goods sold (assume FIFO inventory method)? Cost of goods sold $