Question: Given the following: FIFO method: 16 units left in inventory The cost of goods sold is: A. $10,000 B. None of these C. $5,225 D.

Given the following: FIFO method: 16 units left in inventory The cost of goods sold is: A. $10,000 B. None of these C. $5,225 D. $5,000 E. $4,965 Complete (format as $1,234.56 ): Item: Brownies Total quantity bought =40 Unit cost =$.70 Total cost = Markup % on cost =40% Total sales = % that will spoil =10% Selling price per unit =

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