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A company had beginning inventory of 12 units at a cost of $9 each on March 1. On March 2, It purchased 12 units at
A company had beginning inventory of 12 units at a cost of $9 each on March 1. On March 2, It purchased 12 units at $12 each. On March 6 It purchased 7 units at $14 each. On March 8, it sold 28 units for $57 each. Using the FIFO perpetual inventory method, what was the cost of the 28 units sold? $279 $392 $350 $308 $252
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