Question 17.6: Nejedly Company completed 80,000 units during the year at a ...

Financial and Managerial Accounting

Nejedly Company completed 80,000 units during the year at a cost of $680,000. The beginning finished goods inventory was 10,000 units at $80,000. Determine the cost of goods sold for 60,000 units, assuming a FIFO cost flow.

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