Question 23 of 29 -/1 View Policies Current Attempt in Progress Royal Throne Company uses a periodic inventory system. For October, when the company sold 1,150 units, the following information is available. Units Unit Cost Total Cost $8,000 400 $20 October 1 inventory October 8 purchase October 25 purchase 800 21 16,800 400 24 9,600 1.600 $34,400 Compute the October 31 inventory and the October cost of goods sold using the FIFO method, Ending inventory $ Cost of goods sold $ eTextbook and Media