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A company purchased 200 units for $30 each on January 31. It purchased 240 units for $36 each on February 28. It sold a total

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A company purchased 200 units for $30 each on January 31. It purchased 240 units for $36 each on February 28. It sold a total of 350 units for $40 each from March 1 through December 31. What is the cost of ending inventory on December 31 if the company uses the first- in, first-out (FIFO) inventory costing method? (Assume that the company uses a perpetual inventory system.) O A. $3.240 O B. $600 O C. $2,100 O D. $2,700 Click to select your

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