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Inventory records for Dunbar Incorporated revealed the following: Date Transaction Number of Units Unit Cost Apr. 1 Beginning Inventory 500 $ 2.40 Apr. 20 Purchase

Inventory records for Dunbar Incorporated revealed the following:

Date Transaction Number of Units Unit Cost
Apr. 1 Beginning Inventory 500 $ 2.40
Apr. 20 Purchase 400 2.50

Dunbar sold 700 units of inventory during the month. Cost of goods sold assuming FIFO would be:

Group of answer choices

D) $1,710.

C) $1,720.

A) $1,730.

B) $1,700.

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