The lesson question for this lab is “What is the effect of the type of food available on the frequency of different types of bird beaks?” The the lab procedure you just studied should help you address this question. Will it? Explain.

Acompany purchased 200 units for $ 40 each on january 31. it purchased 170 units for $ 50 each on february 28. it sold 225 units for $ 65 each from march 1 through december 31. if the company uses the lastminusin, firstminusout inventory costing method, what is the amount of cost of goods sold on the income statement for the year ending december 31? (assume that the company uses a perpetual inventory system