On May 10, Hudson Computing sold 94 Millennium laptop computers to Apex Publishers. At the date of this sale, Hudsons perpetual inventory records included the following cost layers for the Millennium laptops:

Purchase Date Quantity Unit Cost Total Cost

April 9 60 $1,500 $90,000

May 1 40 $1,600 $64,000

Total on hand 100 $154,000

Required: Prepare journal entries to record the cost of the 94 Millennium laptops sold on May 10, assuming that Hudson Computing uses the following:

Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field.

A. Specific identification method (58 of the units sold were purchased on April 9, and the remaining units sold were purchased on May 1).

B. Average-cost method.

C. FIFO method.

D. LIFO method.