Manage DE PRACTICE Why One My Core RUSTAIGON pe Home Question 6 0.8 pts Grades Modules Student Survey Acompany using the periodic system counted 700 units on hand at year end. The following purchases were make during the first year of operations Jan 192.000 units purchased at 54 per unit June 6 300 units purchased at $5 per unit Oct 2 500 units purchased at $6 per unit Using the periodic system, costing by the tastin, first-out method (UFO. What is the cost of the goods sold for the year? 5 59.700 $4,000 $2.800 $ 500 Next Previous