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During 2014, Walden Toys Plc., which began business in October of that year, purchased 20,000 units of a toy at a cost of 21 euros per unit in October. The toy sold well in October. In anticipation of heavy December sales, Walden purchased 6,000 additional units in November at a cost of 22 euros per unit. During 2014, Accent sold 23,000 unites at a price of 35 euros per unit. Under the first in, first out (FIFO) method, what is Walden’s cost of goods sold for 2014?

Financial Management, Finance

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