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Asked Feb 11, 2020
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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.
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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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Job order cost system provides a separate record of each particular quantity of product that passes through the factory. Each quantity that is manufactur...

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