Strods Company reported the following purchases and sales of its only product. Strods uses a perpetual inventory system Determine the cost assigned to cost of goods sold using FIFO. 2 Activities Date Units Acquired at Cost 15e units @ $10.00 220 units @ $12.00 Units Sold at Retail May 1 Beginning Inventory 5 Purchase 140 units $20.00 10 Sales 1ee units $13.00 Purchase 15 9e units $21.00 ponts 24 Sales eflook References Multiple Choice $2,590 $2.460 2 980 Scodhyanswer 2 of 10