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1234567 Units purchased Cost per Total Cost Units Sold Selling Total unit of Price per Sales Purchase unit Date Dec. 1 Beginning inventory 850 $12

1234567 Units purchased Cost per Total Cost Units Sold Selling Total unit of Price per Sales Purchase unit Date Dec. 1 Beginning inventory 850 $12 $10,200 Dec. 8 Dec. 10 Sales Dec. 14 Purchase Dec. 16 Sales Purchase 1,050 14 14,700 800 $30 24,000 1,100 15 16,500 990 $30 29,700 Totals 3,000 $41,400 1,790 $53,700 Assuming perpetual FIFO, which formula correctly calculates the cost of the 800 units sold on December 10? Multiple Choice +G4 H4 =+G4E2 +G4 E5 =+G4'E3

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