1) Corp starts its life in FY2021 and makes the following Inventory purchases:

Date	# of Units	Unit Cost	Total Cost
1/1/21	50	$72	$3,600
5/5/21	200	$75	$15,000
11/3/21	150	$80	$12,000
Total	400		$30,600

Corp sold 380 units for $100 each on 12/15/21. That was the only sales transaction Corp had for FY2021. What's Corp's Cost of Goods Sold for the year with LIFO?

A. $29,155

B. $29,000

C. None of the other answers

D. $29,160

E. Not enough information

2) Corp starts its life in FY2021 and makes the following Inventory purchases:

Date	# of Units	Unit Cost	Total Cost
1/1/21	50	$72	$3,600
5/5/21	200	$75	$15,000
11/3/21	150	$80	$12,000
Total	400		$30,600

During FY2021, Corp sold 380 units for $100 each, on these dates:

Date	# of Units
4/1/21	35
9/18/21	145
11/7/21	200
Total	380

What is Corp's Cost of Goods Sold for the year with LIFO?

A		$29,155
B		$29,160
C		Not enough information
D		None of the other answers
E		$29,145