Question: Glasgow Enterprises started the period with 80 units in beginning inventory that cost $7.50 each. During the period, the company purchased inventory items as follows

Glasgow Enterprises started the period with 80 units in beginning inventory that cost $7.50 each.
During the period, the company purchased inventory items as follows

Glasgow sold 220 units after purchase 3 for $17.00 each.
Glasgow's cost of goods sold under FIFO would be:
a) $1,650.
b) $2,100.
c) $2,310.
d) $1,860.

No. of Items Purchase Cost 200 $9.00 150 $9.30 50 $ 10.50 2. 3.

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