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A Company Just Starting Business Made the Following Three Inventory

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A company just starting business made the following three inventory purchases in February: A company just starting business made the following three inventory purchases in February:   On Feb 15, there were 300 units sold. The company uses a perpetual inventory system. -Using the FIFO inventory cost formula, the amount allocated to cost of goods sold for the February 15 sale is A)  $1,525. B)  $1875. C)  $4,950. D)  $3,075. On Feb 15, there were 300 units sold. The company uses a perpetual inventory system.
-Using the FIFO inventory cost formula, the amount allocated to cost of goods sold for the February 15 sale is


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