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Lauer Corporation uses the periodic inventory system and has provided the following information about one of its laptop computers: Number of Units Cost per Unit

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Lauer Corporation uses the periodic inventory system and has provided the following information about one of its laptop computers: Number of Units Cost per Unit 89 Date Transaction Beginning Inventory 5/5 8/10P Purchase Purchase 10/15 24 During the year, Lauer sold 975 laptop computers What was cost of goods sold using the FIFO cost flow assumption? $1.036,000 o $1,001,000 $1,009,000 O$1.014,874

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