QUESTION 9 Not yet answered Marked out of 1.00 Flag question Smith & Sons sells old clocks. The company had the follow transactions: April 1, Beginning Inventory: 20 clocks @ $100 each $2,000 April 10, Purchase: 10 clocks @ $125 each $1,250 April 20, Purchase: 10 clocks@ $120 each $1,200 April 25, Sales of inventory 25 clocks @ $500 What is the company's cost of goods sold using FIFO? Select one: O $1,825 O $%2,950 O $2,625 O $1,500 O $4,450 Save Answers Previous page