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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 unit ($)

Total Cost/ price ($)

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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