Question: Current Attempt in Progress Concord Corporation uses the periodic inventory system. For the current month, the beginning inventory consisted of 477 units that cost $60
Current Attempt in Progress Concord Corporation uses the periodic inventory system. For the current month, the beginning inventory consisted of 477 units that cost $60 each. During the month, the company made two purchases: 719 units at $63 each and 358 units at $65 each. Concord Corporation also sold 1200 units during the month. Using the LIFO method, what is the amount of cost of goods sold for the month? $75947 $75048 O $74169. O $72000
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