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I need a solution quickly please Roma Company uses the Periodic Inventory System. It reported the following transactions for the month of July 20213 Date
I need a solution quickly
Roma Company uses the Periodic Inventory System. It reported the following transactions for the month of July 20213 Date Transaction # of units Cost / Price per Total Cost/price unit (5) ($) 1/7 Beginning Inventory 200 4 800 5/7 Purchase 500 5 2500 Sale 400 8 1/7 15/7 3200 Purchase 500 5.5 2750 22/7 Sale 350 8 2800 30/7 Purchase 200 6 1200 If the company uses FIFO to value its inventory. Calculate the value of Cost of goods sold for July 2021 Note: (write your answer as a number only, no dollar signs or commas) please
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