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Required information (The following intormation appices to the questions displayed below] A compary began 2024 with 22.000 units of iffentary on hand the cost of

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Required information (The following intormation appices to the questions displayed below] A compary began 2024 with 22.000 units of iffentary on hand the cost of each unit was $6.00. Duiting 2024 , an additional 42,000 units were purchased at a single unit cost and 32,000 unns reraained on hand at the end of 2024 132.000 units therefore were sold during 2024) The company ases a periodic inventory system. Cost of goods sold for 2024 applyng the average cost method, is $225,800. The company is inserested in determining what cott of gooths sold would have been it the FIFO or LiFO methods were used. Required: 2. Determine the cost of goods soid for 2024 using the LLF method Note: Do not round intermediete coleulations

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