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Caesar & Co. had the following inventory data: Date Quantity. Unit Cost July 1 Beginning inventory $51 July 4 Purchase 10 $55 July 7 Sale
Caesar & Co. had the following inventory data: Date Quantity. Unit Cost July 1 Beginning inventory $51 July 4 Purchase 10 $55 July 7 Sale 12 July 11 Purchase 9 $56 July 14 Sale 8 Assuming LIFO, what is the cost of goods sold for the July 14 sale? . . . O A. $504 O B. $445 O C. $440 O D. $448
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