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What is its cost of goods sold

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Question - HuCo begins operations in 20X4, uses the periodic method and makes the following merchandise purchases:

 

Total units

Unit cost

Total cost

20X4

 

 

 

April

900

$6

$5,400

September

1,300

7

9,100

20X5

 

 

 

March

1,100

$8

$8,800

November

500

10

5,000

Required - If HuCo uses LIFO costing and sold 2,000 units in 20X4, what is its cost of goods sold?

Reference no: EM132762426

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