What is the COGS if Evelyn Enterprises use FIFO? Information on Evelyn Enterprises' inventories is below for the first quarter of 2021: Quantity Unit Price Total 1000 10 $ 10,000 2500 11 $ 27,500 Beginning inventory, Jan. 1, 20X1 (1) Purchase (2) Purchase (3) Purchase Ending inventory, Mar. 31, 20X1 1250 10 $ 12,500 $ 11,550 1100 10.5 1200 O $12,200 O $12,550 O $49,000 O $49,350