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Scott Company had a beginning inventory on January 1 of 1 0 0 units of Product CRVat a cost of $ 2 0 0 per

Scott Company had a beginning inventory on January 1 of 100 units of Product CRVat a cost of $200 per unit. During the year, the following purchases and return weremade:Mar. 15July 20Sept. 4Sept. 5Dec. 2300 units250 units200 units50 units returned100 unitsat $224at $235at $238at $238at $250By year-end, 700 units were sold. Scott Company uses a periodic inventory system.Question: Cost of Goods Sold $206,650 $157,850900 $48,800200 $164,250700 $42,400 $45,92241/0707

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