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1 point Company reported the current month purchase and sales data for its product and uses the perpetual inventory system. Determine the cost assigned to

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1 point Company reported the current month purchase and sales data for its product and uses the perpetual inventory system. Determine the cost assigned to ending inventory using LIFO during January: Jan. 1 the beginning inventory was 100 units @ 20$ on Jan.10 he purchased 50 units @ 30$ on Jan. 15 he sold 80 units @ 50$ on Jan. 17 he purchased 30 units @ 35$ and on 25. Jan he sold 40 units @ 60$ O A. 1100$ O B. 1600$ O C. 1200$

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