Klump Co. uses a perpetual inventory system and had the following inventory transactions for the month of June.June

-Refer to the information provided for Klump Co. If the company uses the FIFO inventory costing method, cost of goods sold for the month of June is:
A) $2,520.00
B) $2,538.00
C) $2,540.00
D) $2,550.00
Correct Answer:
Verified
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