RESET Obj. 2 BE 16-6 Cost of goods sold Pine Creek Company completed 200,000 units during the year at a cost of $3,000,000. The beginning finished goods inventory was 25,000 units at $310,000. Determine the cost of goods sold for 210,000 units, assuming a FIFO cost flow. Cancel Done

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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BE 16-6 Cost of goods sold
Pine Creek Company completed 200,000 units during the year at a cost of $3,000,000. The
beginning finished goods inventory was 25,000 units at $310,000. Determine the cost of goods
sold for 210,000 units, assuming a FIFO cost flow.
Cancel
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Transcribed Image Text:RESET Obj. 2 BE 16-6 Cost of goods sold Pine Creek Company completed 200,000 units during the year at a cost of $3,000,000. The beginning finished goods inventory was 25,000 units at $310,000. Determine the cost of goods sold for 210,000 units, assuming a FIFO cost flow. Cancel Done
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