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19. According to figure (2), the EEE company has the following inventory record during the month of May 2020. Assume that the EEE company sells
19. According to figure (2), the EEE company has the following inventory record during the month of May 2020. Assume that the EEE company sells 360 units and uses the FIFO method of inventory valuation. What amount would appear for the cost of goods sold on the income statement? * Units (Q Cost per unit 80 $50 Beginning inventory May 5, 2020 May 15, 2020 100 $60 140 $70 May 25, 2020 120 $77 A. $22,880 B. $25,040 OC. $23.760 D. $22,880 SAMSUNG F11 F12 FIO F9 F8 Lock F7 F6 55 96 A & 8 1 o 6 7 7 P Y [
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