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The following information pertains to inventory for a company: March 1 Beginning inventory = 35...

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Accounting

The following information pertains to inventory for a company: March 1 Beginning inventory = 35 units @ $5.20 March 3 Purchased 12 units @ 3.60 March 9 Sold 19 units @ 8.80 What is the cost of goods sold, assuming the company uses LIFO? (Do not round your intermediate calculations. Round amount.) Multiple Choice O O $68 O $65 O $80 $99 Prev 28 of 39 Next
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The following information pertains to inventory for a company: March 1 Beginning inventory =35 units @ $5.20 March 3 Purchased 12 units @ 3.60 March 9 Sold 19 units @ 8.80 What is the cost of goods sold, assuming the company uses LIFO? (Do not round your intermediate calculations. Round amount.) Multiple Choice $68 $65 $80 $99

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