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Diligent Ltd Had 5 Units of the Commodity Algo on Hand

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Diligent Ltd had 5 units of the commodity Algo on hand at 1 September 2016.The following purchases and sales were made during September: Diligent Ltd had 5 units of the commodity Algo on hand at 1 September 2016.The following purchases and sales were made during September:   - What was the value of cost of goods sold of Algo,using the FIFO assumption? A)  $2640 B)  $2700 C)  $2720 D)  $2400
- What was the value of cost of goods sold of Algo,using the FIFO assumption?

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