Given the following data, calculate the COGS using the LIFO costing method. 50 units were sold

Answer choices:

915

740

720

545

Date Item Unit 1/1 Beginning inventory 30 units at $10 per unit 2/25 Purchase of inventory 15 units at $12 per unit 5/20 Purchase of inventory 25 units at $13 per unit 8/15 Purchase of inventory 20 units at $14 per unit 10/17 Purchase of inventory 25 units at $15 per unit 12/31 Ending inventory 65 units