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Current Attempt in Progress Oriole Company uses a periodic inventory system. Details for the inventory account for the month of January, 2020 are as

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Current Attempt in Progress Oriole Company uses a periodic inventory system. Details for the inventory account for the month of January, 2020 are as follows: Per Units unit price Total Balance, 1/1/20 250 $4.00 $1000 Purchase, 1/15/20 150 5.50 825 Purchase, 1/28/20 150 5.50 825 An end of the month (1/31/20) inventory showed that 160 units were on hand. If the company uses FIFO and sells the units for $12 each, what is the gross profit for the month? $2068 $2910 O $1000 O $850

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