Glasgow Enterprises started the period with 80 units in beginning inventory that cost $7

Subject:FinancePrice:2.87 Bought7

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Glasgow Enterprises started the period with 80 units in beginning inventory that cost $7.50 each. During the period, the company purchased inventory items as follows. Glasgow sold 220 units after purchase 3 for $17.00 each.

 

Purchase	No. of items	Cost
1	200	$     9.00
2	150	$     9.30
3	50	$ 10.50

Glasgow's cost of goods sold under FIFO would be:

A) $1,650.

B) $1,860.

C) $2,310.

D) $2,100.