Use the Following Information for Questions

Multiple Choice

Use the following information for questions
Chase Co.uses the perpetual inventory method.The inventory records for Chase reflected the following

-Assuming Chase uses a LIFO cost flow method,the amount of cost of goods sold for the sales transaction on January 18 is (round the final result to the nearest whole dollar) :

A) $1,150.
B) $1,050.
C) $1,070.
D) $1,130.