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Blossom Top uses the periodic inventory system. For the current month, the beginning inventory consisted of 485 units that cost $60 each. During the month,
Blossom Top uses the periodic inventory system. For the current month, the beginning inventory consisted of 485 units that cost $60 each. During the month, the company made two purchases: 720 units at $63 each and 355 units at $65 each. Blossom also sold 1200 units during the month. If the FIFO method is used, what is the amount of cost of goods sold for the month? $75024 $72000 $74145 $75935
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