Using the FIFO method what is the amount of cost of goods sold for the month?

assessment.education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=160861bd-41a8-43a4-bde3-0 chapter 8 gestion 7 of 15 0/1 ew Policies ow Attempt History urrent Attempt in Progress X Your answer is incorrect. Concord Corporation uses the periodic inventory system. For the current month, the beginning inventory consisted of 488 units that cost $61 each. During the month, the company made two purchases: 720 units at $64 each and 355 units at $66 each. Concord Corporation also sold 1200 units during the month. Using the FIFO method, what is the amount of cost of goods sold for the month? O $75336. $77135 O $73200 O $76224. eTextbook and Media Save for Later Attempts: 1 of 2 used Submit Answer Type here to search O W 8 10 12 5 6 2 3 4 + 14 @ # % & 15 8 9