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Given the following data, calculate the cost of goods sold using the LIFO costing method....

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Accounting

Given the following data, calculate the cost of goods sold using the LIFO costing method.
Date
Item
Unit
11
318
620
927
1127
1231
Beginning inventory
Purchase of inventory
Purchase of inventory
Purchase of inventory
Purchase of inventory
Ending inventory
7 units at $18 per unit
15 units at $20 per unit
11 units at $23 per unit
35 units at $24 per unit
32 units at $25 per unit
40 units
A. $1,472
B. $1,080
C. $2,219
D. $1,327
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