Different LIFO inventory assumptions: Beginning inventory of 10 units @$15 = $150 Purchases month #1 of 10 units @$15 = $150 Purchases month #2 of 10 units @$10 = $100 Cost of goods available for sale (subtotal) = $400 Less ending inventory of 10 units Equals cost of goods sold (also known as cost of sales) Required: Under the LIFO inventory method, what is the cost of goods sold amount

A.

$300

B.

$250

C.

$200

D.

None of the above