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Roki IncUses the Periodic Inventory System and Has the Following Data

Question 95

Multiple Choice

Roki Inc.uses the periodic inventory system and has the following data for the month of June:
 June 1 On hand, 50 units @$15.00 each 750.005 Purchased 115 units $15.10 each 1,736.5014 Purchased 75 units @$15.20 each 1,140.00 Total cost of goods avalable for sale $3,626.5030 On hand, 90 units \begin{array} { r l r } \text { June } & 1\quad \text { On hand, 50 units } @ \$ 15.00 \text { each } & 750.00\\&5\quad \text { Purchased 115 units } \$ 15.10 \text { each } & 1,736.50 \\&14 \quad \text { Purchased } 75 \text { units } @ \$ 15.20 \text { each } &1,140.00 \\&\quad \text { Total cost of goods avalable for sale } &\$ 3,626.50 \\&30\quad \text { On hand, 90 units } & \\ &\end{array}


- If the June 30 inventory included 45 units from the June 5 purchase and 45 units from the June 14 purchase,Roki's cost of goods sold for June under the specific identification method would be


A) $2,263.00.
B) $2.373.00.
C) $2,945.00.
D) $3,626.50.

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