Use this information to answer the following question. 
A periodic inventory system is used.
Using LIFO, cost of goods sold is
Definitions:
Feasibility Screening
The initial evaluation process to determine the viability of a project or idea, based on criteria such as cost, time, and potential for success.
Organisational Change
Refers to the process through which a company or organization goes through a transition to achieve a desired state, often involving a shift in operations, structure, or strategy.
Creativity
The ability to generate novel and valuable ideas or solutions to problems.
Innovation
The process of creating new ideas, products, or methods, or the improvement of existing ones, which significantly affect markets or societies.
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