What was the cost of goods sold

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Reference no: EM131571108

At the end of January, Mineral Labs had an inventory of 915 units, which cost $8 per unit to produce. During February, the company produced 1,600 units at a cost of $12 per unit.

a. If the firm sold 2,250 units in February, what was the cost of goods sold? (Assume LIFO inventory accounting.)

Reference no: EM131571108

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