JOV0 Uses the periodic method and Fire costing. JOV0 3 December 31, ZUAZ Inventory consists Of 400 units bought in November, 20X2 @ $11. During 20X3, JoCo made the following purchases: 1,800 units @ $14 in January; 2,200 units @ $17 in July; and 2,300 units @ $13 in October. The December 31, 20X3 inventory consists of 1,300 units. JoCo's 20X3 cost of goods sold is $78,700 $79,900 $80,000