Multiple Choice Question 75 Concord Corporation has the following inventory data: CALCULATOR PRINTER VERSION July 1 Beginning inventory 24 units at $19 7 Purchases. 84 units at $20 22 Purchases 12 units at $22 $456 1680 264 $2400 A physical count of merchandise Inventory on July 30 reveals that there are 40 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for July is $824 $2397. $776. $1576. Click If you would like to Show Work for this question: Open Show Work Question Attempts: 0 of 1 used SAVE FOR LATER SUBMIT ANSWER MOLY 23 118 1210