Question: Glasgow Enterprises started the period with 80 units in beginning inventory that cost $2.10 each. During the period, the company purchased inventory items as follows:



Glasgow Enterprises started the period with 80 units in beginning inventory that cost $2.10 each. During the period, the company purchased inventory items as follows: Glasgow sold 360 units after purchase 3 for $8.40 each. What is Glasgow's cost of goods sold under FIFO? Multiple Choice. \$1,116 $896 What is Glasgow's cost of goods sold under FIFO? Multiple Choice $1,116 $896 $996 $756
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