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Unit Cost 3.000 511 13.000 12 Panchas. Now 5.000 13 5.000 units are on hand at December 31, what is the COST OF GOODS SOLD

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Unit Cost 3.000 511 13.000 12 Panchas. Now 5.000 13 5.000 units are on hand at December 31, what is the COST OF GOODS SOLD under FIFO using a periodic inventory wstem? 5244,000 $254.000 5309,000 $249,577 A 0.000 B0.000 1.000 If the company applies the lower of cost or market (LCM) basis, the value of the inventory reported on the balance sheet would be $175,000 $173,000 $179.000 $181.000

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