Question $41$

$1\mathrm{.}5$ ots

Lam Inc had the following inventory records:

Date

Transaction

Mar. $1$Beginning Inventory

Mar. $10$Purchase

Mar. $16$Purchase

Mar. $23$Purchase

$\backslash$table$[[\backslash$table$[[$Number of$],[$Units$]],],[1\mathrm{.}000,$Unit Cost$],[600,],[800,],[600,],[6\mathrm{.}50,],[,]]$

Lam sold $2,300$ units of inventory during the month. Cost of goods sold assuming FIFO would be:

$$15,350.$

$$15,150.$

$$4,750.$

None of the above