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View Policies Current Attempt in Progress Aubergine Corporation uses the periodic inventory system to record its inventory. The following information was available for the month
View Policies Current Attempt in Progress Aubergine Corporation uses the periodic inventory system to record its inventory. The following information was available for the month of November: Units Total Cost Date Explanation Units Cost Nov. 1 Beginning inventory 11 $30 $ 330 Nov. 8 Purchase 15 32 480 Nov. 15 Purchase 18 35 630 Nov. 22 Purchase 20 36 720 Total 64 $2,160 A total of 35 units were sold during the period. Assuming the use of the first-in, first-out (FIFO) cost formula, what is the cost of goods sold? O $915 O $1,035 O $870 O $1,125
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