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Crane Company has the following data related to an item of inventory: Crane Company has the following data related to an item of inventory: Inventory,

Crane Company has the following data related to an item of inventory:

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Crane Company has the following data related to an item of inventory: Inventory, March 1 350 units @ $1.80 Purchase, March 7 1350 units @ $1.90 Purchase, March 16 240 units @ $1.95 Inventory, March 31 500 units The value assigned to cost of goods sold if Crane uses FIFO is O $2701. O $2750 O $915. $965

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