QUESTION 17 The Tango company uses a periodic inventory system. The beginning balance of inventory and purchases made by the company during the month of August 2020 are given below: Aug 01: Beginning inventory, 500 units 520 peront Aug inventory purchased, 800 units $24 per unit Aug 25: Inventory purchased, 700 units 526 per unit The Tango company sold 1.200 units during the month of August What s the value of the cost of goods sold using the FIFO method $26.800 S1800 515.000 530.200