u ch 600 metry that Anton Co. uses the perpetual inventory method to purchased 400 n ow that cost $16.00 each Anton uses the FIFO cost flow method and sells 700 units of inventory, the amount of cost of goods sold the co be $8,400 $9600 $10.400 $11.200 O Blake Company purchased two identical Inventory items. The item purchased first cost $30.00, and the item purchased second cost $31.00. Blake sold one of the items for $56.00. Which of the following statements is true