Eastview Company uses a periodic LIFO inventory system, and has the following purchases and sales:January 1150 units were purchased at $9 per unit.January 17120 units were sold.January 20160 units were purchased at $11 per unit.January 29150 units were sold. What is the value of cost of goods sold?
A. $380.
B. $2,670.
C. $2,750.
D. $440.
E. $2,730.
Answer: C
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