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The inventory data for an item of the Golden Rams Company for September 2020 are: September 01: Beginning Inventory. 15 units at $8 September 05:

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The inventory data for an item of the Golden Rams Company for September 2020 are: September 01: Beginning Inventory. 15 units at $8 September 05: Sale 10 units September 10: Purchase . 30 units at $9 September 17: Sale 20 units September 30: Purchase 05 units at $10 Under the perpetual system, what is the cost assigned to Cost of Merchandise Sold using first-in, first-out (FIFO)? $180 $185. $255

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