The following data represent the beginning inventory and, in order of occurrence, the purchases and sales of Blumen, Inc., for an operating period. Units Unit Cost Total Cost Units Sold Beginning Inventory 30 $14 $ 420 Sale No. 1 20 Purchase No. 1 50 20 1,000 Sale No. 2 40 Purchase No. 2 20 22 440 Totals 100 $1,860 72 Assuming Blumen, Inc. uses weighted-average (perpetual) inventory procedures, sale no. 2 is recorded as an entry to Cost of Goods Sold for: A. $680 B. $710 C. $760 D. $744