A company had beginning inventory of 10 units at a cost of $25 each on...
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Accounting
A company had beginning inventory of 10 units at a cost of $25 each on March 1. On March 2, it purchased 10 units at $44 each. On March 6 it purchased 6 units at $30 each. On March 8, it sold 22 units for $73 each. Using the FIFO perpetual inventory method, what was the cost of the 22 units sold?
Multiple Choice
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$870
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$690
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$650
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$660
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$750
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