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Niles Co. has the following data related to an item of inventory Inventory, March 1...400 units @$2.10 Purchase, March 7...400 units@ $2.20 Purchase, March 16....280
Niles Co. has the following data related to an item of inventory Inventory, March 1...400 units @$2.10 Purchase, March 7...400 units@ $2.20 Purchase, March 16....280 units@ $2.25 Inventory, March 31....520 units The value assigned to cost of goods sold if Niles uses FIFO is (1 point) A$1,160 $3,392 C$1,104 D$3448
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