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Acme-Jones Corporation uses a LIFO perpetual inventory system. August 2, 35 units were purchased at $17 per unit. August 5, 20 units were purchased at

Acme-Jones Corporation uses a LIFO perpetual inventory system.

August 2, 35 units were purchased at $17 per unit.
August 5, 20 units were purchased at $14 per unit.
August 15, 22 units were sold at $45 per unit.
August 18, 25 units were purchased at $15 per unit.
What was the amount of the cost of goods sold?

Multiple Choice

$314.00

$374.00

$341.00

$330.00

$343.80

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