Question: Chase Co. uses the perpetual inventory method. The inventory records for Chaserected the following information BULL Jan 1 Jan 12 Jan 10 3an 21 Jan

 Chase Co. uses the perpetual inventory method. The inventory records for

Chase Co. uses the perpetual inventory method. The inventory records for Chaserected the following information BULL Jan 1 Jan 12 Jan 10 3an 21 Jan 25 Jan 31 Beginning Inventory Purchase Santes Purchase Purchase Sales B0 units 03:30 900 units 3/10 1,000 units 54.80 DOO Yunits 3.40 units 23:20 9se units $4.80 TB MC Qu. 05-55 Assuming Chase uses a FIFO cost flow method... Assuming Chase uses a FIFO cost flow method, what is the cost of goods sold for the sales transaction on January 31? Multiple Choice $3,020 $3.790 $3305

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