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Roma Company uses the Periodic Inventory System. It reported the following transactions for the month of July 2021: Date Transaction # of units Cost /
Roma Company uses the Periodic Inventory System. It reported the following transactions for the month of July 2021: Date Transaction # of units Cost / Price per Total Cost/ price unit ($) ($) 1/7 Beginning Inventory 200 4 800 5/7 Purchase 500 4.5 2250 7/7 Sale 400 8 3200 15/7 Purchase 500 5 2500 22/7 Sale 450 8 2800 30/7 Purchase 200 6 1200 If the company uses FIFO to value its inventory, Calculate the value of Cost of goods sold for July, 2021. Note: (write your answer as a number only, no dollar signs or commas)
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