A. $2,034 B. $807 C. $867 D. $1,131

Required information Beech Soda, Inc. uses a perpetual inventory system. The company's beginning inventory of a particular product and its purchases during the month of January were as follows: Total Quantity Unit Cost $ 483 594 Beginning inventory (Jan. 1) Purchase (Jan. 11) Purchase (Jan. 20) Total On January 14, Beech Soda, Inc. sold 35 units of this product. The other 43 units remained in inventory at January 31 Assuming that Beech Soda uses the FIFO cost flow assumption, the cost of goods sold to be recorded at January 14 is