June CorpSells One Product and Uses a Perpetual Inventory System

Multiple Choice

June Corp.sells one product and uses a perpetual inventory system.The beginning inventory consisted of 10 units that cost $20 per unit.During the current month, the company purchased 60 units at $20 each.Sales during the month totaled 45 units for $43 each.What is the cost of goods sold using the FIFO method?

A) $200.
B) $900.
C) $1,200.
D) $1,935.