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Chapter 6 Homework Note: All homework assignments must be submitted through the Blackboard course site. Chapter 6 Question 2: (0.5 point) Listed below are unit

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Chapter 6 Homework Note: All homework assignments must be submitted through the Blackboard course site. Chapter 6 Question 2: (0.5 point) Listed below are unit and unit cost information for Triston Company. Triston uses the periodic inventory system for inventory valuation. Beginning inventory Purchase Purchase 90 units at $54 each 112 units at $55 each 100 units at $58 each January 1 March 10 August 30 December 12 98 units at $60 each Purchase During the year, the Company sold 296 units; there are 104 units on hand at the end of the year. Required: Calculate the cost of merchandise sold using FIFO. Omit $ signs

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