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Use the following data of Manatee Sales, Inc.: Unit Total Units Units Cost Cost Sold Beginning inventory 15 $6 $90 Purchase on Apr 25 37
Use the following data of Manatee Sales, Inc.: Unit Total Units Units Cost Cost Sold Beginning inventory 15 $6 $90 Purchase on Apr 25 37 7 259 Purchase on Nov 16 15 9 135 Sales 40 ? ? Manatee Sales uses a FIFO inventory system. Cost of goods sold for the period is A. $360. B. $265. C. $310. D. $289.
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