Question: Using the FIFO method and the information in this image, what is the Cost of Units on Hand and Cost of Goods Sold during this

Using the FIFO method and the information in this image, what is the Cost of Units on Hand and Cost of Goods Sold during this period?

A)Units on Hand: $3,180 Cost of Goods Sold: $13,540

B) Units on Hand: $3,300 Cost of Goods Sold: $13,420

C) Units on Hand: $3,320 Cost of Goods Sold: $13,400

D) Units on Hand: $3,480 Cost of Goods Sold: $13,240

Using the FIFO method and the information in this

Purchased Units Unit Cost Total Cost 28-Mar 115 $55 $6,325 5-Apr 125 $53 $6,625 11-Apr 65 $58 $3,770 Units Available 305 $16,720 For Sale Ending Inventory Units Sold 245 Units on Hand 60 Cost of Goods Sold

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