Beginning Inventory and Purchases
Purchased	Units	Unit Cost	Total Cost
Beginning Inventory	50	$2.00	$100
October	50	$3.00	$150
November	150	$2.50	$375
December	75	$4.00	$300
Units Available for Sale	325		$925
Ending Inventory
Units on Hand	250	Cost of Units on Hand	$
Units Sold in January	75	Cost of Goods Sold	$

Using the FIFO method and the list of inventory above, which of the following is the Cost of Goods Sold during January?

$300

$175

$750

$625