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Graham Company uses a periodic inventory system. Details for the inventory account for the month of January, 2010 are as follows: Units Per unit price

Graham Company uses a periodic inventory system. Details for the inventory account for the month of January, 2010 are as follows:

Units

Per unit price

Total

Balance, 1/1/10

200

$5.00

$1,000

Purchase, 1/15/10

100

5.30

530

Purchase, 1/28/10

100

5.50

550

An end of the month (1/31/10) inventory showed that 120 units were on hand. How many units did the company sell during January, 2010?

A.

200

B.

120

C.

280

D.

80

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