The accounting records of Oriole Company show the following data.

Beginning inventory		2,910	units at	$5
Purchases		7,950	units at	$7
Sales		9,280	units at	$10

(a)

Determine cost of goods sold during the period under a periodic inventory system using the FIFO method. (Round answer to 0 decimal places, e.g. 1,250.)

		FIFO and LIFO AND AVEREGE COST
Cost of goods sold during the period		$