[The Following Information Applies to the Questions Displayed Below

question 76

Multiple Choice

[The following information applies to the questions displayed below.]
Beech Soda,Inc.uses a perpetual inventory system.The company's beginning inventory of a particular product and its purchases during the month of January were as follows:
On January 14,Beech Soda,Inc.sold 25 units of this product.The other 28 units remained in inventory at January 31.
-Assuming that Beech Soda uses the FIFO cost flow assumption,the 28 units of this product in inventory at January 31 have a total cost of:

• A)$400.
• B)$395.
• C)$405.
• D)$410.

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