Oriole Trucks uses the periodic inventory method and had the following purchases of toy trucks during the month of December. Oriole sold 84 trucks during the month. Date 12/1 12/8 12/15 Transaction Beginning inventory Purchase No. 1 Purchase No. 2 12/26 Purchase No. 3 Answer the following questions. Units 10 45 30 15 Unit Cost $30 $35 $40 $50

Oriole Trucks uses the periodic inventory method and had the following purchases of toy trucks during the month of December. Oricle sold 84 trucks during the month. Answer the following questions. How much is the dollar value of the ending inventory on December 31 and the cost of goods sold during December if the FIFO inventory method is used? Endinginventory Cost of goods sold