Question: Crane Top uses the periodic inventory system. for the current month, the beginning inventory consisted of 488 units that cost $65 each. During the month,

Crane Top uses the periodic inventory system. for the current month, the beginning inventory consisted of 488 units that cost $65 each. During the month, the company made two purchases: 724 units @$68 and 362 units @$70 each. Crane also sold 1205 units during the month. If the FIFO method is used, what is the amount of the cost of goods sold for the month?

$80476

$81374

$78325

$82307

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