Question: Cullumber Top uses the periodic inventory system. For the current month, the $69 each. During the month, the company made two purchases: 725 units

Cullumber Top uses the periodic inventory system. For the current month, the$69 each. During the month, the company made two purchases: 725 units

Cullumber Top uses the periodic inventory system. For the current month, the $69 each. During the month, the company made two purchases: 725 units at $72 each and 365 units at $74 each. Cullumber also sold 1205 units during the month. If the FIFO method is used, what is the amount of cost of goods sold for the month? O $85305 O $83145 O $87145 O $862061 Question 19 of 40 < View Policies -/2.5 III E Current Attempt in Progress Cullumber Top uses the periodic inventory system. For the current month, the beginning inventory consisted of 485 units that cost $69 each. During the month, the company made two purchases: 725 units at $72 each and 365 units at $74 each. Cullumber also sold 1205 units during the month. If the FIFO method is used, what is the amount of cost of goods sold for the month? O $85305 O $83145 O $87145 O $86206

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