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Aunt Bess Corp had the following Inventory. Aunt Bess Corp makes one sale of 200 units on December 23rd and uses the LIFO method to

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Aunt Bess Corp had the following Inventory. Aunt Bess Corp makes one sale of 200 units on December 23rd and uses the LIFO method to account for inventory. What is the cost of Goods Sold in December? What is the Ending Inventory in December? Date Transaction Units Cost Total Cost Jan 1 Beg. Inventory 100 $20 $2,000 Jan 10 Purchase 150 $30 $4,500 O A. Cost of Good Sold $5,000: Ending Inventory $1,500 OB. Cost of Good Sold 54,000: Ending Inventory $1,000 OC. Cost of Good Sold $5,500: Ending Inventory $1,000 OD. Cost of Good Sold $5,200: Ending Inventory $1,300

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