solve

ic Company starts the year with a beginning inventory of 3,500 units at $8 per unit. The company purchases 5,500 at $7 each in February and 2,500 units at $9 each in March. Pacific sells 1,200 units during this quarter. Pacific has a etual inventory system and uses the FIFO inventory costing method. What is the cost of goods sold for the quarter? Multiple Choice $10,800 $10,200 $8,400