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A company had the following purchases during the year: in January10 units at $120, in February 20 units at $130, in May 15 units at
A company had the following purchases during the year: in January10 units at $120, in February 20 units at $130, in May 15 units at $140, and in September 12 units at $150. Using the specific identification method, it was decided that 26 units were sold. These 27 units consisted of 3 from January, 6 from February, 8 from May and 10 from September. what is the cost of Goods sold?
Select one:
a. $3,280.
b. $3,800.
c. $3,760.
d. $3,500.
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