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A company had beginning Inventory of 12 units at a cost of $18 each on March 1. On March 2, it purchased 12 units at
A company had beginning Inventory of 12 units at a cost of $18 each on March 1. On March 2, it purchased 12 units at $30 each. On March 6 lt purchased 7 units at $23 each On March 8. It sold 28 units for $66 each. Using the FIFO perpetual Inventory method, what was the cost of the 28 units sold? Multiple Choice $737 $550 $576 5668 5644
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