Windsor, Inc began the year with 12 units of marine floats at a cost of $ 10 each. During the year, it made the following purchases: May 5, 29 unit at $ 15; July 16, 15 units at $ 21: and December 7, 20 units at $ 23. Assume there are 24 units on hand at the end of the period. Windsor uses the periodic approach (a) Your answer is correct Determine the cost of goods sold under FIFO. FIFO s 786 Cost of good sold (b) Your answer is incorrect Determine the cost of goods sold under LIFO. LIFO Cost of good sold e Textbook and Media Sarve for later Attempts: 1 of 5 used Submit