Albeit Company maintains a perpetual inventory system and uses the first-in, first out (FIFO) method of assigning costs. Purchases and sales of inventory during the month of April are as follows: Date Activities Units Acquired at Cost Units Sold at Retail 4/1 Beginning Inventory 10 units @ $10 each = $100 4/2 Purchase 35 units @ $11 each = $385 4/10 Sale Sale 20 units @ $17 each = $340 4/17 Purchase 40 units @ $12 each = $480 4/23 Sale 35 units @ $22 each = $770 4/30 Purchase 15 units @ $13 each = $195 What is the total value of its cost of goods sold for the month of April? $555 $605 $395 $675