Question: Question 31 (2 points) The activity for a specific inventory item for the month of March was as follows: Unit Total Units Cost Cost $25

Question 31 (2 points) The activity for a specific inventory item for the month of March was as follows: Unit Total Units Cost Cost $25 March 1 inventory 30 $750 Purchases: March 5 3,600 March 10 2,800 March 15 3.600 $10.250 Goods Available for Sale Sales: March 11 March 19 100 240 Using first-in, first-out (FIFO) under a perpetual inventory system, what is the balance of Cost of Goods Sold for month ended March 31

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