[单选题]

During August, a company recorded the following transactions:
·Aug 1  Inventory   30 units @ $5.00
·Aug 8  Purchased   60 units @ $5.20
·Aug 14  Sold     45 units @ $7.00
·Aug 23  Purchased   30 units @ $ 5.40
·Aug 28  Sold     35 units @ $7.20
If periodic FIFO inventory costing method is adopted, what is gross profit for August?

A.$147

B.$157

C.$167

参考答案与解析:

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