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RJ Corporation has provided the following information about one of its inventory items: Number of Cost per Date Transaction Units Unit 1/1 Beginning Inventory 411
RJ Corporation has provided the following information about one of its inventory items: Number of Cost per Date Transaction Units Unit 1/1 Beginning Inventory 411 $3,255 6/6 Purchase 811 $3,655 9/10 Purchase 1,255 $4,055 11/15 Purchase 811 $4,310 During the year, RJ sold 3,055 units. What was cost of goods sold using the FIFO cost flow assumption? Multiple Choice $11,992,215. $12,128,030. $11,973,263. $11,882,215
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