Total Dollars Amount Consider the following data for Nafiz company during May 2020 Item Date Units Cost per unit (price) Beg. Raw materials May1 600 15 Materials purchased May4 800 16 Materials purchased May11 600 18 Materials purchased May 16 700 20 Materials purchased May22 900 21 Materials purchased May28 500 22 Materials available During May 4,100 for use 9,000 12,800 10,800 14,000 18,900 11,000 $76,500 The remaining units at May 31 are 900 units. Instructions: Calculate Raw materials used assuming the company uses Fifo method. Select one: a. $55,000 b. $59,700 c. $52,900 d. $57,100