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What was the cost of goods sold

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Question - At the end of January, medical products corp. had 625 units in inventory, which cost 15$ to produce. During February, the firm produced 550 units at a cost of $20 per unit. If the firm sold 800 units in February, what was the cost of goods sold? a) Assume FIFO inventory accounting. b) Assume LIFO inventory accounting.

Reference no: EM133097409

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