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Given the following data, calculate the cost of goods sold using the LIFO costing method. Date Item Unit Beginning inventory Purchase of inventory Purchase of

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Given the following data, calculate the cost of goods sold using the LIFO costing method. Date Item Unit Beginning inventory Purchase of inventory Purchase of inventory Purchase of inventory Purchase of inventory Ending inventory 5 units at $22 per unit 11 units at $24 per unit 9 units at $27 per unit 28 units at $28 per unit 28 units at $29 per unit 30 units 3/18 9/27 11/27 12/31 O A. $2,068 Defined OB. $1,122 O C. $1,456 O D. $1,461

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