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Question 1 4 2 pts ABC is a reseller of goods. The following transactions took place during March for ABC as it pertains to inventory:

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Question 14
2 pts
ABC is a reseller of goods. The following transactions took place during March for ABC as it pertains to inventory:
March 1 Inventory Balance of 200 units purchased at $20? Unit
March 7 Purchased 200 units at $22? Unit
March 10 Sold 300 units at a price of $40? Unit
March 15 Purchased 100 units at $23? Unit
March 21 Sold 150 units at a price of $40? Unit
March 25 Purchased 100 units at $24? Unit
What is the COCS for the month of March assuming the company is using the Periodic LIFO methodology for inventory valuation?
$9,550
$9,600
$10,100
$9,82ok
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