At the end of january mineral labs had an inventory of 915, Ask an Expert

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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.)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92379823

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