The company has the following inventory information.

July 1

Beginning Inventory

Purchases

Purchases

OMR 1,140

60 units at OMR 19

210 units at OMR 20

30 units at OMR 22

4,200

22

660

OMR 6,000

A physical count of merchandise inventory on July 31 reveals that there are 100 units on hand. Using the FIFO

inventory method, the armount allocated to cost of goods sold for July is

Select one:

Oa. OMR 3,740

O b. OMR 4,000

Oc. OMR 3,940.

Od.OMR 4,860