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Date of purchase Use the following inventory table to find the cost of goods sold using the first-in, first-out (FIFO) inventory method. Units purchased

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Date of purchase Use the following inventory table to find the cost of goods sold using the first-in, first-out (FIFO) inventory method. Units purchased Cost per unit Retail price per unit Beginning inventory 42 $860 $975 February 5 23 $1,770 $2,125 February 9 18 $965 $1,208 March 3 28 $470 $600 Units sold 74 The cost of goods sold is $ . (Type an integer or a decimal.) ...

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