Tedder Co. Tedder uses a periodic inventory system. At the end of January, 20 units were on hand. The following additional information is available for the month of January: Jan. 1 Beginning inventory: 10 units at $2 each $20 20 Purchased 90 units for $3 each $270 Cost of goods available for sale $290

Refer to the information provided for Tedder Co. If the company uses FIFO inventory costing, how much is cost of goods sold for January

A. $240

B. 250

C. 232

D. 230