Use the following information for the month of July for questions
ABC Inc.uses the FIFO cost formula in a perpetual inventory system.

-Total cost of goods sold for the month of July is
A)$2,330.
B)$2,530.
C)$2,830.
D)$2,880.

Question

Use the following information for the month of July for questions 
ABC Inc.uses the FIFO cost formula in a perpetual inventory system.
 
-Total cost of goods sold for the month of July is
A)$2,330. 
B)$2,530. 
C)$2,830. 
D)$2,880.

Quizplus · Accepted Answer

Total cost of goods sold for the month of July is $2,330.

Use the Following Information for the Month of July for Questions