Bass Corporation's inventory records for the month of July is as follows: What is the cost of goods sold if Bass uses a periodic inventory system and a weighted average cost flow assumption? 01-Jul Beginning inventory 400 $12,000 10-Jul Purchases 800 26,400 15-Jul Sale 700 20-Jul Purchases 400 15,500 31-Jul Sales 800 Bass Corporation's inventory records for the month of July is as follows: What is the cost of ending inventory if Bass uses a periodic inventory system and a FIFO cost flow assumption? 01-Jul Beginning inventory 400 $12,000 10-Jul Purchases 800 26,400 15-Jul Sale 700 20-Jul Purchases 400 15,500 31-Jul Sales 800 Bass Corporation's inventory records for the month of July is as follows: What is the cost of goods sold if Bass uses a periodic inventory system and a FIFO cost flow assumption? 01-Jul Beginning inventory 400 $12,000 10-Jul Purchases 800 26,400 15-Jul Sale 700 20-Jul Purchases 400 15,500 31-Jul Sales 800