Chicken Little started the month with 5 eggs in its inventory that cost $2 each. During the month, Chicken Little bought 30 more
eggs that cost $2.50 each. At the end of the month, Chicken Little counted its inventory and found that 8 eggs remained unsold. If Chicken Little uses FIFO periodic, its Cost of Goods Sold for the month is
Let x= original number equation: 2x+24=2/7 x move 2x over to the other side of the equation to get 24=-12/7 x. Then, multiply both sides of the equation by -7/12 to isolate the variable. The final answer should be x=-14