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HoJu Company had the following inventory purchase and sales data. Note: There was no inventory before the purchase made on February 1. Purchased on February

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HoJu Company had the following inventory purchase and sales data. Note: There was no inventory before the purchase made on February 1. Purchased on February 1 - 100 units, $7 cost per unit Purchased on February 16 -200 units, $6 cost per unit Purchased on February 25 - 250 units, $5 cost per unit Sold on February 28 - 350 units, $9 selling price per unit HoJu uses FIFO. Compute COST OF GOODS SOLD for February. O $1,300 $1,850 O $2,150 O $2,005 O $1,000

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