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Assume BAL, Inc., began May with 80 units of inventory that cost a total of $1,120. During May, BAL, Inc., purchased and sold goods as

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Assume BAL, Inc., began May with 80 units of inventory that cost a total of $1,120. During May, BAL, Inc., purchased and sold goods as follows: (Click the icon to view the transactions.) BAL, Inc., uses perpetual inventory. Under the FIFO inventory method, how much is BAL's cost of goods sold for the sale on May 15? O A $1,350 OB. $1.560 More Info - X OC. $770 D. $1.680 May 6 Purchased 110 units @ $11 each 15 Sold 120 units @ $34 each 22 Purchased 100 units @ $12 30 Sold 75 units @ $31 each Print Done Click to select your

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