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A company purchased 300 units for $40 each on January 31. It purchased 140 units for $50 each on February 28. It sold 200 units for $65 each from March 1 through December 31. If the company uses the last - in, first-out inventory costing method, what is the amount of Cost of Goods Sold on the income statement for the year ending December 31? (Assume that the company uses a perpetual inventory system.) O A. $9,400 OB. $12,000 OC. $7,000 OD. $19,000 IF de A company purchased 500 units for $50 each on January 31. It purchased 150 units for $35 each on February 28. It sold a total of 150 units for $80 each from March 1 through December 31. If the company uses the weighted - average inventory costing method, calculate the cost of ending inventory on December 31. (Assume that the company uses a perpetual inventory system. Round any intermediate calculations two decimal places, and your final answer to the nearest dollar.) O A $6,980 B. $30,250 C. $23.270 OD. $21.250 A company purchased 500 units for $20 each on January 31. It purchased 650 units for $26 each on February 28. It sold a total of 640 units for $40 each from March 1 through December 31. What is the cost of ending inventory on December 31 if the company uses the first - in, first-out (FIFO) inventory costing method? (Assume that the company uses a perpetual inventory system.) A. $13,260 B. $10,200 C. $1,960 OD. $8,240

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