Question

A company that sells flux capacitors uses UFO for its inventory accounting it had 100 flux capacitors in Inventory on 12/31/2011 with a total cost of $100,000. The company bought 50 flux capacitors costing $55.000 on 3/3/12: another 50 flux Capacitors costing $65,000 on 6/6/12, and another 100 flux capacitors costing $140,000 on 9/9/12. During 2012 the company sold 150 flux capacitors, What was cost of Goods Sold during 2012?​

Answer 1

Answer:

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