Pacific Company Starts the Year with a Beginning Inventory of 6,000

Multiple Choice

Pacific Company starts the year with a beginning inventory of 6,000 units at $5 per unit.The company purchases 10,000 units at $4 each in February and 4,000 units at $6 each in March.Pacific sells 3,000 units during this quarter.Pacific has a perpetual inventory system and uses the FIFO inventory costing method.What is the cost of goods sold for the quarter?

A) $12,000.
B) $18,680.
C) $15,000.
D) $18,000.