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6 pts Question 21 Jimbo's buys spicy hot dogs in bulk and sells them to street vendors. January inventory transactions are as follows: . 1/1
6 pts Question 21 Jimbo's buys spicy hot dogs in bulk and sells them to street vendors. January inventory transactions are as follows: . 1/1 Beginning Inventory 2,200 cases at $5 per case 1/8 Sales 1,600 cases 1/11 Purchase 1,200 cases at $11 per case 1/14 Sales 1,500 cases 1/21 Purchase 1,200 cases at $12 per case 1/26 Sales 1,100 cases Assuming the perpetual FIFO inventory method is used from inception, the amount of Cost of Goods Sold for the 1/14 sale would be which of the following? O $12.900 $14,700 O $13,500 $16,500
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