Using the gross profit method find the estimated cost of goods sold for the following data and sells value of $600 to estimate inventory is gross profit on cell is 30% January 1 inventory 320 serving trays purchased at $1.50 per unit cost April 1 inventory 300 serving trays purchased at $1.10 unit cost July 1 inventory 100 serving trays purchased at two dollars per unit cost A. &1,010.00
B. $420.00
C.$200.00
D. $330.00