A company began $2024$ with $13,000$ units of inventory on hand. The cost of each unit was $$6\mathrm{.}00.$ During $2024,$ an additional $30,000$ units were purchased at a single unit cost, and $23,000$ units remained on hand at the end of $2024(20,000$ units therefore were sold during $2024).$ The company uses a periodic inventory system. Cost of goods sold for $2024,$ applying the average cost method, is $$150,000.$ The company is interested in determining what cost of goods sold would have been if the FIFO or LIFO methods were used.

Required:

$1.$ Determine the cost of goods sold for $2024$ using the FIFO method. $[$Hint: Determine the cost per unit of $2024$ purchases.$]$

Note: Do not round intermediate calculations.