16*28=448
28 is 12 inches higher than 16 so it should work.
Answer:
The cost of goods sold is 65,850
Step-by-step explanation:
FIFO Perpetual chart is attached.
FIFO Perpetual chart shows purchases, sales and balance of the period.
The cost of goods sold is:
3,090 units x $5=$15,450
6,300 units x $8=$50,400
Total=65,850
