FIFO Company had 150 units of Product A on hand on January 1, costing $21 each. Purchases of Product A during the month of January were as follows: Units Unit Cost January 10 200 $22 January 18 250 23 January 28 100 24 A physical count of inventory on January 31 shows 250 units of Product A on hand. The cost of the inventory using the FIFO method is: a. $5,350 b. $5,550 c. $5,850 d. $5,250