Question: Hello, I'm currently having trouble solving this finance problem. The problem is displayed below, and thank you for your help. A firm has beginning inventory

Hello,

I'm currently having trouble solving this finance problem. The problem is displayed below, and thank you for your help.

A firm has beginning inventory of 250 units at a cost of $9 each. Production during the period was 640 units at $14 each. If sales were 320 units, what is the cost of goods sold (assume FIFO)? (250 * $9) +( * $14) a) $3,030 b) $3,430 c) $3,530 d) $3,230

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