Pacific Company starts the year with a beginning inventory of 3,300 units at $6 per unit. The company purchases 5,300 units at $5 each in February and 2,300 units at $7 each in March. Pacific sells 1,100 units during this quarter. Pacific has a perpetual inventory system and uses the FIFO inventory costing method. What is the cost of goods sold for the quarter? Multiple Choice $6,600 O $7,700 O O $5,500 O $7,150 O