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D Question 37 Lam Inc had the following inventory records: Number of Date Transaction Units Unit Cost Mar. 1Beginning Inventory 1,000 $ 6.50 Mar.
D Question 37 Lam Inc had the following inventory records: Number of Date Transaction Units Unit Cost Mar. 1Beginning Inventory 1,000 $ 6.50 Mar. 10Purchase 600 6.60 Mar. 16Purchase 800 6.70 Mar. 23Purchase 600 6.80 Lam sold 1,800 units of inventory during the month. Cost of Goods Sold assuming LIFO would be: O $11,800 O $12,080 O $7,820 O None of the above
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