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Summertime had the following data for the month of March: Beginning inventory March 1 296 units at $16 per unit March 19 purchase 214 units

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Summertime had the following data for the month of March: Beginning inventory March 1 296 units at $16 per unit March 19 purchase 214 units at $22 per unit March 27 purchase 218 units at $28 per unit On March 31, 300 units are still on hand. Determine the cost of goods sold for March if Summertime uses the FIFO method. O A $9,464 OB. $8.400 OC. $7,640 OD. $11,648 A $6,000,7% bond is sold at 96. When the bond is issued the Cash account will be increased by: O A $6.000 OB $6.180 C. $5,760 OD. $6.240 Leno Company sells goods to the Fallon Company for $15.000. It offers credit terms of 5/10,00 Fion Company pays the invoice within the discount period. Leo Company will record a debit to Cash in the amount of O A $15.750 OB. $14,250 C. 5750 OD 515.000

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