单选题
The Mountain Bike Supply Company had 500 units in its beginning
inventory. Each of these units cost $ 5. During the period, Mountain Bike Supply
first purchased 400 units at $ 6 each and then 200 units at $ 7 each. At the end
of the period, Mountain Bike Supply had 600 units. What is the cost of goods
sold and inventory for Mountain Bike Supply if it uses FIFO inventory valuation
?
COGS
Inventory
①A. $ 2500 $
3100
②B. $ 3200 $
3800
③C. $ 2500 $ 3800