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Use the following data of Dolphin Sales, Inc.: Unit Total Units Units Cost Cost Sold Beginning inventory 25 $6 $150 Purchase on Apr 25 45

Use the following data of Dolphin Sales, Inc.:

Unit

Total

Units

Units

Cost

Cost

Sold

Beginning inventory

25

$6

$150

Purchase on Apr 25

45

8

360

Purchase on Nov 16

11

9

99

Sales

55

?

?

Dolphin Sales uses a FIFO inventory system. Cost of goods sold for the period is

A) 451

B) 414

C) 390

D) 495

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