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Jones Company for current fiscal year: - Beginning Inv. 10 units at $7 - March 18 purchase 15 units at $9 - June 10 purchase

Jones Company for current fiscal year: - Beginning Inv. 10 units at $7 - March 18 purchase 15 units at $9 - June 10 purchase 20 units at $10 - October 30 purchase 12 units at $11 Under the FIFO method, COGS on the income statement would be... A. 192 B. 142 C. 395 D. 345 E. None of the above

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