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Purchased May June July August Units Unit Cost Total Cost 200 $3.00 $600 400 $2.50 $1,000 300 $4.00 $1,200 500 $1.50 $750 $3,550 Units Available

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Purchased May June July August Units Unit Cost Total Cost 200 $3.00 $600 400 $2.50 $1,000 300 $4.00 $1,200 500 $1.50 $750 $3,550 Units Available 1400 for Sale Ending Inventory Units Sold in 900 September Units on Hand 500 Cost of Goods Sold: Using the FIFO method, what is the cost of goods sold during September? O $2,800 O $1,500 O $750 O $1,050 DU go 000 000

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