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Overland Company uses the periodic inventory system. For the current month, the beginning inventory consisted of 477 units that cost $61 each. During the month,
Overland Company uses the periodic inventory system. For the current month, the beginning inventory consisted of 477 units that cost $61 each. During the month, the company made two purchases: 724 units at $64 each and 358 units at $66 each. Overland Company also sold 1,195 units during the month. Using the LIFO method, what is the amount of cost of goods sold for the month? $76,857 $72,895 $75,930 $75,049
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