Answer:
$14,180
Step-by-step explanation:
The computation of amount of cost of goods sold is shown below:-
(Purchased units × inventory cost) + (Balance × Inventory cost)
= (1,160 × $8) + (490 × $10)
= $9280 + $4,900
= $14,180
Note :- As per First in first out method 1,650 units sold would consist of 1,160 units of first purchases so we got the balance is 490 units (1,650 - 1,160).