Question: Given the following: Fifo Method - 12 units left in inventory at year end. Beginning inv. 10 units at $100 = $1,000 April 13 Purchased

Given the following: Fifo Method - 12 units left in inventory

Given the following: Fifo Method - 12 units left in inventory at year end. Beginning inv. 10 units at $100 = $1,000 April 13 Purchased 15 units at $108 = $1,620 Sep. 17 Purchased 20 units at $120 = $2,400. Dec. 10 Purchased 10 units at $125 = $1,250. The cost of goods sold is: O a. $6,270 O b. $5,054 O C. $1,490 O d. $4,780

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