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Swifty Corporation uses the periodic inventory system. For the current month, the beginning inventory consisted of 485 units that cost $69 each. During the month,
Swifty Corporation uses the periodic inventory system. For the current month, the beginning inventory consisted of 485 units that cost $69 each. During the month, the company made two purchases: 728 units at $72 each and 364 units at $74 each. Swifty Corporation also sold 1205 units during the month. Using the FIFO method, what is the amount of cost of goods sold for the month? $83145. O $86206. $87149. O $85305
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