Beginning Inventory and Purchases Purchased Units Unit Cost Total Cost Beginning Inventory 100 $200 $20,000 September 150 $300 $45,000 October 300 $400 $120,000 November 150 $500 $75,000 Units Available for Sale 700 $260,000 Ending Inventory Units on Hand 500 Cost of Units on Hand $ Units Sold in December 200 Cost of Goods Sold $ Using the FIFO method and the information in this image, what is the Cost of Goods Sold during December? $210,000 $90,000 $50,000 $130,000