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Use the following data of Starfish Sales, Inc.: Unit Total Units Units Cost Cost Sold Beginning inventory 18 $5 $90 Purchase on Apr 25 37

Use the following data of Starfish Sales, Inc.:

Unit

Total

Units

Units

Cost

Cost

Sold

Beginning inventory

18

$5

$90

Purchase on Apr 25

37

8

296

Purchase on Nov 16

20

9

180

Sales

45

?

?


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

A. $ 340

B. $ 390

C. $ 367

D. $ 450

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