6,480 6. ABC Company uses the periodic inventory system to account for inventories. Information related to ABC Company's inventory at October 31 is given below: October 1 Beginning inventory 400 units @ 10.00 = 4,000 8 Purchase 800 units @ 10.40 = 8,320 16 Purchase 600 units @ 10.80 = 24 Purchase 200 units @ 11.60 = 2,320 Total units and cost 2,000 units 21,120 Show computations to value the cost of goods sold using the FIFO cost assumption if 550 units remain on hand at October 31 (4 Points) Enter your