Solution-What is the amount of cost of goods sold for the

What is the amount of cost of goods sold for the month

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Question - Oriole Company uses the periodic inventory system. For the current month, the beginning inventory consisted of 488 units that cost $65 each. During the month, the company made two purchases: 724 units at $68 each and 362 units at $70 each. Oriole Company also sold 1205 units during the month. Using the FIFO method, what is the amount of cost of goods sold for the month?

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What is the amount of cost of goods sold for the month

Reference no: EM132504412

Reference no: EM132504412

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