Bramble Corporation is a multi-product firm. The following information concerns one of its products, the Trinton: Date Transaction Q Price/cost
Jan. 1 Beginning inventory 1,500 $12
Feb. 4 Purchase 2,330 16
Feb. 20 Sale 2,670 32
Apr. 2 Purchase 3,210 25
Nov. 4 Sale 2,600 37
(a) Calculate cost of goods sold, assuming Bramble uses a periodic inventory system and FIFO cost formula. Cost of goods sold ___ $