On December 31 of last year, Wolfson Corporation had in inventory 590 units of its...
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Accounting
On December 31 of last year, Wolfson Corporation had in inventory 590 units of its product, which cost $21 per unit to produce. During January, the company produced 990 units at a cost of $24 per unit. Assuming that Wolfson Corporation sold 1,080 units in January, what was the cost of goods sold? (Assume FIFO inventory accounting.) Cost of goods sold $
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