The inventory that would be sold first is the inventory purchased on May 15th, 2010.
What is FIFO?
FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold. The earliest purchased inventory is the first that is assumed to be sold. Ending inventory consist of the inventory that was purchased last.
Here are the options:
A. June 15th, 2010
B. May 15th, 2010
C. May 30th, 2010
D. June 30th, 2010
To learn more about FIFO, please check: https://brainly.com/question/294129
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