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Bonita has the following inventory information. July 20 units at 1 Beginning Inventory $380 $19 7 Purchases 1430 65 units at $22 10 units at
Bonita has the following inventory information. July 20 units at 1 Beginning Inventory $380 $19 7 Purchases 1430 65 units at $22 10 units at $18 22 Purchases 180 $1990 A physical count of merchandise inventory on July 31 reveals that there are 30 units on hand. Using the LIFO inventory method, the amount allocated to cost of goods sold for July is $1390. $1366. O $1340. O $1347
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