M 27. CuCo, which begins business in 20X8, uses the periodic method and LIFO costing. Cuco's 20X8 merchandise purchases are as follows: 80 605 January 3 2,200 @ $5 April 16 1,800 @ $8 andmovok September 25 3,000 @ $6 aunt gaibe December 4 1,100 @ $90 all ar ellay 008 7a If Cuco's December 31, 20X8 ending inventory is 300 units, its 20X8 cost of goods sold is . . . . anibas EXO a. $51,800 b. $50,600 c. $49,900 d. $52,100 28. KoCo begins operations in 20X1 and uses the periodic method. In March, 20X1, KoCo buys 700 units @ $4; in July, it buys 2,700 units @ $6; and in November, it buys 1,600 units @ $8. Using LIFO, what is the cost of the 1,900 units in ending inventory? .SE a. $10,000 b. $15 ,200 c. $14,600 d. $7,600