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What reported for cost of goods sold on income statement

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Question - Jameson, Inc. had the following balances and transactions during? 2025:

Beginning Merchandise Inventory as of January? 1, 2025 200 units at $74

March 10 Sold 50 units

June 10 Purchased 125 units at $78

October 30 Sold 125 units

What would be reported for Cost of Goods Sold on the income statement for the year ending December? 31, 2025 if the perpetual inventory system and the last-?in, first-out inventory costing method are? used?

A. $13,450

B. $3,700

C. $12,950

D. $9,750

Reference no: EM133048145

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