Information Relating to the Beginning Inventory and Purchase of Inventory

Multiple Choice

Information relating to the beginning inventory and purchase of inventory by Magnesium Chemicals is as follows: The cost of 50 units in the ending inventory using the first-in, first-out method is:
$$\begin{array} { l l l } \text { Specific Purchase } & \text { Number of Units } & \text { Cost per Unit } \\\text { Beginning inventory } & 25 & \$ 100 \\\text { First purchase } & 30 & \$ 95 \\\text { Second purchase } & 40 & \$ 105\end{array}$$

A) $2,345.
B) $5,567.
C) $3,000.
D) $5,150.