Nejedly company completed 56000 units during the year at a


Exercise - Cost of goods sold

Nejedly Company completed 56,000 units during the year at a cost of $784,000. The beginning finished goods inventory was 8,000 units at $80,000.

Determine the cost of goods sold for 43,000 units, assuming a FIFO cost flow.

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Accounting Basics: Nejedly company completed 56000 units during the year at a
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