The Boxwood Company sells blankets for $39 each. The following was taken from the inventory records during May. The company had no beginning inventory on May 1. Date Blankets Units Cost May 3 Purchase 10 $14 10 Sale 4 17 Purchase 13 $15 20 Sale 7 23 Sale 3 30 Purchase 8 $21 Assuming that the company uses the perpetual inventory system, determine the cost of goods sold for the w20 using the FIFO inventory cost method. Oa. 599 Ob. 5161 Oc. $189 Od. 5104 Previous Next A 19