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Cavy Company Completed 26,000 Units During the Year at a Cost

Question 106

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Cavy Company completed 26,000 units during the year at a cost of $2,139,800. The beginning finished goods inventory was 5,000 units valued at $405,000. Assuming a FIFO cost flow, determine the cost of goods sold for 20,000 units.

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$405,000 +...

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