Question: Anton Co. uses perpetual inventory system and FIFO cost flow method. During the year. Anton purchased 840 units of inventory that ost $8 each and

Anton Co. uses perpetual inventory system and FIFO cost flow method. During the year. Anton purchased 840 units of inventory that ost $8 each and then purchased an additional 930 units of inventory that cost $10 each. If Anton sells 1250 units of invertory, what is the amount of cost of goods sold? Multiple Choice () $10,820 $12.500

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