Carla Vista Inc. uses the FIFO cost formula in a perpetual inventory system. July 1 July 7 July 8 July 9 July 10 July 22 Beginning inventory Purchases Sales Sales Purchases Sales 40 units @ $39 per unit 90 units @ $40 per unit O $2730. O $2760. O $2809. O $2800. 70 units 45 units 70 units @ $42 per unit 60 units The cost of goods sold for the July 8 sale was

Carla Vista Inc. uses the FIFO cost formula in a perpetual inventory system. The cost of goods sold for the July 8 sale was $2730. $2760. $2809. $2800