Question: what's the answer ABC Corp started the year on January 1 with 1,205 inventory units at a cost of $8 per unit on March 3,

what's the answer ABC Corp started the year on January 1

what's the answer

ABC Corp started the year on January 1 with 1,205 inventory units at a cost of $8 per unit on March 3, the company purchased 2,410 units at a unit cost of $18. On March 23, 2,985 units were sold. On May 13,3,447 units were purchased at a unit cost of $23. Finally, on October 16, 2,429 units were sold. What is the Cost of Goods Sold for the year using the FIFO cost assumption in a perpetual system? O a. $92,037 O b. $94,397 . $101,477 O d. $96,757 O e. $99,117

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