Imperial Bathroom Specialists had the following activity in the month of March. Beginning inventory was 0. Bedrock uses a perpetual inventory system. Purchased 400 units @ $45 per unit on 3/5 Purchased 600 units @ $50 per unit on 3/10 Purchased 800 units @ $55 per unit on 3/15 -On 3/16 a sale of 800 units was made. -At the end of March they show 1,000 units in inventory.

Using FIFO what is the cost of goods sold for March?

		d) $48,000
		a) $38,000
		b) $44,000
		c) $54,000