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Assume Fairprice.com began March with 10 units of inventory that cost a total of $160. During March, Fairprice.com purchased and sold goods as follows: Mar.

Assume

Fairprice.com

began

March

with

10

units of inventory that cost a total of

$160.

During

March,

Fairprice.com

purchased and sold goods as

follows:

Mar.

8

Purchase

30

units @ $17

14

Sale

25

units @ $34

22

Purchase

20

units @ $19

27

Sale

30

units @ $34

Under the FIFO inventory costing method and the perpetual inventory system, how much is

Fairprice.com's

cost of goods sold for the sale on

March

14?

A.

$425

B.

$415

C.

$670

D.

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