Telemarker Co. uses a perpetual inventory system: No. Units Cost/Unit Total Cost Beginning inventory 1,000 $60.00 $60,000 May 2, sale 600 May 7, purchase 800 78.00 62,400 May 16, sale 400 May 20, purchase 1,000 79.20 79,200 May 30, sale 1,200 The cost of the 1,200 units sold on May 30 under the FIFO method is A 86,400 B 91,200 C 94,800 D 94,080