单选题
编号:2692230
1. A company using LIFO reports the following:
·Cost of goods sold was $27,000.
·Beginning inventory was $6,500, and ending inventory was $6,200.
·The beginning LIFO reserve was $1,200.
·The ending LIFO reserve was $1,400.
The best estimate of the company's cost of goods sold on a FIFO basis would be:
- A.$21,300.
- B.$26,800.
- C.$27,500.