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Cullumber's Staff has the following inventory information. July 1 Beginning Inventory 18 units at $94 5 Purchases 125units at $94 14 Sale 78 units

Cullumber's Staff has the following inventory information. July 1 Beginning Inventory 18 units at $94 5 Purchases 125units at $94 14 Sale 78 units 21 Purchases 55 units at $92 30 30 Sale 53 units Assuming that a perpetual inventory system is used, what is the ending inventory on a FIFO basis? O $6188 $5968 O $6466 $7214

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