Use the Following Information for Questions
Kiner Co -The Value Assigned to Cost of Goods Sold If Kiner

Multiple Choice

Use the following information for questions
Kiner Co.has the following data related to an item of inventory: $\begin{array}{lc}\text { Inventory, March } 1 & 100 \text { units } @ \$ 4.20 \\\text { Purchase, March } 7 & 350 \text { units } @ \$ 4.40 \\\text { Purchase, March } 16 & 70 \text { units } @\$ 4.50 \\\text { Inventory, March } 31 & 130 \text { units }\end{array}$
-The value assigned to cost of goods sold if Kiner uses FIFO is

A) $579.
B) $552.
C) $1,723.
D) $1,696.