The following information is available for Gomez Inc.

A physical inventory count shows $88$ units in stock on October $31.$ Gomez maintains a periodic

inventory system.

Gomez Inc. uses the FIFO inventory method to value month$-$end inventory and applies a periodic

inventory system. What is Gomez's cost of goods sold recognized for the month of October?

Select one:

a$.$ $$992$

b$.$ $$1,011$

c$.$ $$449$

d$.$ $$530$

e$.$ $$1,073$