fifo

Apps My Career Values Health News, Resou... V Simplify 64x3-27 T... M 1747 Tollo Way Apa... Algebra Calculator... Scholars Percentage Increas... Send to Gradebook Question 37 View Policies Current Attempt in Progress Blossom Company had the following inventory transactions occur during 2022: Units Cost/unit Feb. 1. 2022 Purchase 127 $53 Mar. 14, 2022 Purchase 219 May 1, 2022 Purchase 156 The company sold 361 units at $74 each and has a tax rate of 30%. Assuming that a periodic inventory system is used, what is the company's gross profit using FIFO? $7068 $20323 $6391 $19646 Attem 9