Concord Corporation began the year with 9 units of marine floats at a cost of $10 each. During the year, it made the following purchases: May 5.29 unit at $17: July 16, 19 units at $20; and December 7, 24 units at $24. Assume there are 33 units on hand at the end of the period. Concord uses the periodic approach X Your answer is incorrect. Determine the cost of goods sold under FIFO. FIFO Cost of good sold 6 612 eTextbook and Media x Your answer is incorrect Determine the cost of goods sold under LIFO. LIFO $ 872 Cost of good sold Question 6 of 10 0720 X Your answer is incorrect. Calculate average unit cost. (Round answer to 2 decimal places, eg. 5.12.) Average unit cost 18.55 e Textbook and Media X Your answer is incorrect Determine the cost of goods sold under average-cost. Average Cost 742 Cost of sold e Textbook and Media Attempts: 1 of 3 used Submit