A firm purchased 25 units of materials with a unit price of $2.00 on May 5.On May 15,the firm purchased 25 units with a unit price of $2.10.If the firm uses the FIFO method of inventory pricing,the total cost of 30 units issued on May 20 would be
A) $62.50.
B) $60.00.
C) $63.00.
D) $60.50.
Correct Answer:
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