Calculate using the FIFO method

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Reference no: EM131043200

At the end of January, a company has 650 units of inventory recorded at a cost of $19.75 per unit. During February, it produced 800 units at a cost of $17.75 per unit and sold 1110 units. Calculate using the FIFO method:

a) COGS.

b) Ending inventory in units and dollars

Reference no: EM131043200

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