A company's inventory records report the following: Date August 1 August 5 Activities Beginning inventory Purchase August 12 August 15 Purchase Sales Units Acquired at Cost 15 units @ $50 = $750 10 units @ $51 = $510 20 units @ $52 = $1,040 Units Sold at Retail 30 units sold Using the FIFO perpetual inventory method, what is the value of the inventory at August 15 after the sale? Multiple Choice $520 $350 $780 $1,520 $2,300 Eastview Company uses a perpetual LIFO inventory system, and has the following purchases and sales: Date January 1 January 17 Activities Purchase Sales January 20 January 29 Purchase Sales What is the value of cost of goods sold? Multiple Choice $2,730. $2,750. $2,670. $440. $380. Units Acquired at Cost Units Sold at Retail 150 units @ $9 = $1,350 120 units sold 160 units @ $11 = $1,760 150 units sold