A firm has beginning inventory of 300 units at a cost of$11 each. Production during the period was 650 units at $12 each.If sales were 700 units what is the cost of goods sold (assumeFIFO)?A. $8000B. $7700C. $9000D. $8100
Your email address will not be published. Required fields are marked *
Save my name, email, and website in this browser for the next time I comment.