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Bluejay Company uses the periodic inventory system. For the current month, the beginning inventory consisted of 488 units that cost $65 each. During the month,

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Bluejay 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 (in chronological order): 724 units at $68 each and 362 units at $70 each. Blue ay Company also sold 1,210 units during the month. Using the FIFO method, what is the amount of cost of goods sold for the month? \begin{tabular}{|} $78,307 \\ \hline$81,374 \\ \hline$80,816 \\ \hline$73,336 \\ \hline \end{tabular} Question 5 2 pts Kestrel Manufacturing uses the periodic inventory system. For the current month, the beginning inventory consisted of 476 units that cost $63 each. During the month, the company made two purchases: 718 units at $66 each and 365 units at $68 each, Kestrel Manufacturing also sold 1,210 units during the month. Using the average cost method, what is the amount of cost of goods sold? (Round average cost per unit to 2 decimal places, e.g. 21.48.) $77,444.25 $78,332.35 $24.752.25 $79.315.50

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