RJ Corporation has provided the following information about one of its inventory items: $\begin{array}{clrr}\text { Date }&\text { Transaction } &\text { Number of Units }&\text { Cost per Unit }\\hline
1 / 1 & \text { Beginning Inventory } & 400 & \$ 3,200 \
6 / 6 & \text { Purchase } & 800 & \$ 3,600 \
9 / 10 & \text { Purchase } & 1,200 & \$ 4,000 \
11 / 15 & \text { Purchase } & 800 & \$ 4,200
\end{array}$ During the year, RJ sold 3,000 units. What was cost of goods sold using the LIFO cost flow assumption under a periodic inventory system?
A) $11,680,000.
B) $11,590,000.
C)$11,480,000.
D)$11,550,000.

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The Answer of RJ Corporation has provided the following information about one of its inventory items: $\begin{array}{clrr}\text { Date }&\text { Transaction } &\text { Number of Units }&\text { Cost per Unit }\\hline
1 / 1 & \text { Beginning Inventory } & 400 & \$ 3,200 \
6 / 6 & \text { Purchase } & 800 & \$ 3,600 \
9 / 10 & \text { Purchase } & 1,200 & \$ 4,000 \
11 / 15 & \text { Purchase } & 800 & \$ 4,200
\end{array}$ During the year, RJ sold 3,000 units. What was cost of goods sold using the LIFO cost flow assumption under a periodic inventory system?
A) $11,680,000.
B) $11,590,000.
C)$11,480,000.
D)$11,550,000.

RJ Corporation Has Provided the Following Information About One of Its