In: Accounting
Sampe Company has the following data available:TransactionUnits PurchasedUnit CostUnits SoldBeginning Inventory400$10March 1 Purchase200$12April 25 Sale350June 10 Purchase300$14July 20 Sale250October 30 Purchase350$15December 15 Sale400If Sampe Company uses a perpetual FIFO inventory system, the cost of goods sold for the year is ________.A) $5,400B) $16,850C) $12,100D) $4,200