Question: QUESTION 12 Addison, Inc. uses a perpetual inventory system. Below is information about one inventory item for the month of September. Use this information to

QUESTION 12 Addison, Inc. uses a perpetual inventory system. Below is information about one inventory item for the month of September. Use this information to answer the questions that follow. Sep. 1 4 10 17 30 Inventory Sold Purchased Sold Purchased 20 units at $20 10 units 30 units at $25 20 units 10 units at $30 If Addison uses FIFO, the September 30 inventory is O a. $800 Ob. $700 Oc. $750 Od. $650

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