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

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: Quantity Unit Cost Cost $ 483 Beginning inventory (Jan. 1) Purchase (Jan. 11) Purchase (Jan. 20) Total $2,03 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 LIFO cost flow assumption, the cost of goods sold to be recorded at January 14 is