cq

A company had the following inventory activity during September Units Unit Cost Total Cost Beginning inventory 400 $5.00 $ 2,000 Purchase Sept 15 1,400 5.50 7.700 Sale: Sept 18 (1,100) Purchase: Sept 23 900 5.35 4,815 Sales: Sept 28 (600) If the company is using a perpetual system and the FIFO costing assumption, what is the cost of goods sold? O a. $9,313 Ob. $9,238 OC. $9,150 Od $8.996