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8 Lauer Corporation has provided the following information about one of its laptop computers: Date 1/1 5/5 8/10 10/15 8 00:26:12 Number of Units 280

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8 Lauer Corporation has provided the following information about one of its laptop computers: Date 1/1 5/5 8/10 10/15 8 00:26:12 Number of Units 280 380 480 290 Transaction Beginning Inventory Purchase Purchase Purchase Cost per Unit $ 980 $ 1,080 $ 1,180 $ 1,230 During the year, Lauer sold 1,200 laptop computers. What was cost of goods sold using the LIFO cost flow assumption? Multiple Choice O $1,349,287 O $1,382,500 O $1,333,000 o $1,325,000

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