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Bonita Industries has the following data related to an item of inventory: *2 Inventory, March 1 Purchase, March 7 Purchase, March 16 Inventory, March 31

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Bonita Industries has the following data related to an item of inventory: *2 Inventory, March 1 Purchase, March 7 Purchase, March 16 Inventory, March 31 360 units @ $2.00 1390 units @ $2.10 250 units @ $2.15 530 units 2 The value assigned to cost of goods sold if Bonita uses FIFO is O $3102. $1077. O $1129. $3051. o

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