Assume BLM, Inc., began May with 65 units of inventory that cost a total of...
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Assume BLM, Inc., began May with 65 units of inventory that cost a total of $780. During May, BLM, Inc., purchased and sold goods as follows: (Click the icon to view the transactions.) BLM, Inc., uses perpetual inventory. Under the FIFO inventory method, how much is BLM's cost of goods sold for the sale on May 15? More Info O A. $2,085 OB, $1,905 O C. $1,680 OD, $900 May 6 Purchased 135 units@$15 each 15 Sold 140 units @ $32 each 22 Purchased 100 units@$13 30 Sold 55 units @$26 each Print Done
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