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RJ Corporation has provided the following information about one of its inventory items Date Transaction Number of UnitsCost per Unit 408 808 1,240 808 $3,240
RJ Corporation has provided the following information about one of its inventory items Date Transaction Number of UnitsCost per Unit 408 808 1,240 808 $3,240 3,640 $4,040 $4,280 Beginning Inventory 6/6 Purchase 9/10 Purchase 11/15 Purchase During the year, RJ sold 3,040 units What was cost of goods sold using the FIFO cost flow assumption under a periodic inventory system? O $11,857192 O $11,772,160 O $11,882,160 O $12,005,120
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