24) Olympus Cmbers Company has the folowing inventory dats physical eount of hand. Using the FiIFO inventory method, the amount allocated to cost of goods scid tor uly is a $780 b. $820 c. $1,180 d. $1,220 25) Quiet Phones Company has the following inventory data July 1 Beginning inventory 20 uns at 180 Purchases Purchases units at $20 1400 10 units at $22220 $2,000 22 A physical count of merchandise inventory on July 30 reveals that there are 40 units on hand. Using the LIFO inventory method, the amount allocated to cost of goods sold for July is a $780 b. $820 C. $1,180 d. $1,220 26) Orange-Aide Company has the following inventory data 400 70 units at $21 1470 10 units at $22 220 $2,090 July 1 Beginning inventory 20 units at $20 Purchases Purchases 22 A physical count of merchandise inventory on July 30 reveals that there are 30 units on hand. Using the average cost method, the value of ending inventory is a. $600 b. $627 C $630 d $860