King Costume uses a periodic inventory system. The company started the month with 8 masks in its beginning inventory that cost $9 each. During the month, King Costume purchased 57 additional masks for $11 each. At the end of the month, King counted its inventory and found that 5 masks remained unsold. Using the LIFO method, its cost of goods sold for the month is: lo o o o ou 10 King Costume uses a periodic Inventory system. The company started the month with 8 masks in its beginning inventory that cost $9 each. During the month, King Costume purchased 57 additional masks for $11 each. At the end of the month, King counted its inventory and found that 5 masks remained unsold. Using the LIFO method, its cost of goods sold for the month is: Multiple Choice search