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Business & Finance Assignment | custom Homework Help

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December 28th, 2019

There was no beginning balance in any inventory account. There were no unfinished units at the end of the year. What was Cost of Goods Sold for 2018?

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X Company began operations in 2018. It manufactured 10,500 units of a single product and sold 7,200 units for $170 each. The following information is for 2018: Direct materials purchasedDirect materials usedDirect labor costsOverhead costs Selling costsAdministrative costs $575,100562,800262,605124,53099,54066,360

 

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