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Coulter Company uses the FIFO inventory method under the perpetual inventory system. The following data were available for the year 2019. Units Cost per Unit

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Coulter Company uses the FIFO inventory method under the perpetual inventory system. The following data were available for the year 2019. Units Cost per Unit Inventory, January 1 2019 200 $5.00 Purchase Mar 15, 2019 400 5.50 Purchase May, 29, 2019 6.00 Sale Apr 1, 2019 (sold at $12.00 per unit) Sale Nov 11 2019 (sold at $13.00 per unit) The cost of the goods sold on April 1, 2019 is: A 2,800 B. 2,650 C. 3,600 D.6.000

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