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Question Help A company purchased 100 units for $20 each on January 31 It purchased 175 units for $30 each on February 28. It sold
Question Help A company purchased 100 units for $20 each on January 31 It purchased 175 units for $30 each on February 28. It sold 225 units for $45 each from March 1 through December 31. If the company uses the last - in first-out inventory costing method, what is the amount of Cost of Goods Sold on the income statement for the year ending December 312 (Assume that the company uses a perpetual inventory system.) A. S7,250 B. $2,000 OC. $6.250 OD. $5,250
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