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Cullumber Inc. has the following inventory data: July 1 7 Beginning inventory Purchases Purchases 68 units at $19 122 units at $20 34 units at

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Cullumber Inc. has the following inventory data: July 1 7 Beginning inventory Purchases Purchases 68 units at $19 122 units at $20 34 units at $22 $ 1292 2440 748 22 $4480 A physical count of merchandise inventory on July 31 reveals that there are 58 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for July is $3188 $2814 $3252. $2664 Attempts: 0 of 1 used Submit

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