Question: George Company uses the FIFO perpetual inventory method. Information regarding the only inventory item, widgets for the month of April follows: Beginning inventory: 100 units,

George Company uses the FIFO perpetual inventory method. Information regarding the only inventory item, widgets for the month of April follows:
Beginning inventory: 100 units, $10 each
April 10: Purchased 100 units @ $11 each
April 20: Purchased 250 units @ $12 each
April 25: sold 150 widgets
Cost of good sold using the FIFO perpetual inventory method for the month of April would be

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